Defiance Daily Target 2X Long AVGO ETF (NASDAQ:AVGX) Stock Price Down 3.5% – Here’s What Happened

Shares of Defiance Daily Target 2X Long AVGO ETF (NASDAQ:AVGXGet Free Report) traded down 3.5% during mid-day trading on Friday . The stock traded as low as $47.93 and last traded at $51.63. 656,616 shares traded hands during trading, a decline of 15% from the average session volume of 771,757 shares. The stock had previously closed at $53.49.

Defiance Daily Target 2X Long AVGO ETF Price Performance

The business has a 50-day moving average price of $51.98 and a 200 day moving average price of $39.21.

Institutional Investors Weigh In On Defiance Daily Target 2X Long AVGO ETF

An institutional investor recently bought a new position in Defiance Daily Target 2X Long AVGO ETF stock. Jump Financial LLC purchased a new stake in shares of Defiance Daily Target 2X Long AVGO ETF (NASDAQ:AVGXFree Report) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 8,074 shares of the company’s stock, valued at approximately $289,000. Jump Financial LLC owned approximately 0.36% of Defiance Daily Target 2X Long AVGO ETF at the end of the most recent reporting period.

About Defiance Daily Target 2X Long AVGO ETF

(Get Free Report)

The Defiance Daily Target 2X Long AVGO ETF (AVGX) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to deliver 2x leveraged exposure to the daily share price movement of Broadcom Inc (AVGO), less fees and expenses, through derivatives like swap agreements AVGX was launched on Aug 21, 2024 and is issued by Defiance.

Further Reading

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