Headlands Technologies LLC Purchases Shares of 1,844 Direxion Daily Junior Gold Miners Index Bull 2X Shares (NYSEARCA:JNUG)

Headlands Technologies LLC acquired a new position in Direxion Daily Junior Gold Miners Index Bull 2X Shares (NYSEARCA:JNUG) in the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 1,844 shares of the exchange traded fund’s stock, valued at approximately $62,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in JNUG. Axxcess Wealth Management LLC acquired a new stake in Direxion Daily Junior Gold Miners Index Bull 2X Shares in the third quarter worth $250,000. U S Global Investors Inc. bought a new position in shares of Direxion Daily Junior Gold Miners Index Bull 2X Shares during the 4th quarter worth about $349,000. Finally, Simplex Trading LLC acquired a new stake in shares of Direxion Daily Junior Gold Miners Index Bull 2X Shares in the 4th quarter valued at about $3,268,000.

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

Shares of NYSEARCA:JNUG opened at $36.28 on Thursday. Direxion Daily Junior Gold Miners Index Bull 2X Shares has a 52-week low of $21.92 and a 52-week high of $48.23. The business’s 50 day simple moving average is $32.66 and its two-hundred day simple moving average is $30.60. The firm has a market cap of $284.44 million, a P/E ratio of 22.18 and a beta of 1.90.

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.