Virtu Financial LLC Buys Shares of 36,337 Direxion Daily Junior Gold Miners Index Bull 2X Shares (NYSEARCA:JNUG)

Virtu Financial LLC bought a new stake in Direxion Daily Junior Gold Miners Index Bull 2X Shares (NYSEARCA:JNUG) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 36,337 shares of the exchange traded fund’s stock, valued at approximately $1,354,000.

A number of other hedge funds have also made changes to their positions in JNUG. PFG Investments LLC purchased a new stake in shares of Direxion Daily Junior Gold Miners Index Bull 2X Shares during the second quarter worth $224,000. B. Riley Wealth Advisors Inc. purchased a new stake in shares of Direxion Daily Junior Gold Miners Index Bull 2X Shares during the 4th quarter worth about $208,000. Ballew Advisors Inc acquired a new stake in shares of Direxion Daily Junior Gold Miners Index Bull 2X Shares during the 1st quarter valued at about $267,000. Clear Creek Financial Management LLC bought a new stake in shares of Direxion Daily Junior Gold Miners Index Bull 2X Shares in the 1st quarter valued at approximately $403,000. Finally, Cantor Fitzgerald L. P. acquired a new position in Direxion Daily Junior Gold Miners Index Bull 2X Shares in the fourth quarter worth approximately $525,000.

Direxion Daily Junior Gold Miners Index Bull 2X Shares Stock Performance

Shares of JNUG opened at $45.43 on Thursday. The firm has a market cap of $356.17 million, a PE ratio of 22.18 and a beta of 1.90. Direxion Daily Junior Gold Miners Index Bull 2X Shares has a twelve month low of $21.92 and a twelve month high of $50.71. The firm’s 50 day moving average price is $42.63 and its 200 day moving average price is $39.32.

Direxion Daily Junior Gold Miners Index Bull 2X Shares Profile

The Direxion Daily Junior Gold Miners Index Bull 2X Shares (JNUG) is an exchange-traded fund that is based on the MVIS Global Junior Gold Miners index. The fund provides daily 2x exposure to an index of junior gold and silver mining companies from developed as well as emerging markets. JNUG was launched on Oct 3, 2013 and is managed by Direxion.