Lane Generational LLC Invests $3.85 Million in Direxion Daily Gold Miners Index Bear 2x Shares $DUST

Lane Generational LLC acquired a new stake in Direxion Daily Gold Miners Index Bear 2x Shares (NYSEARCA:DUST) during the 3rd quarter, Holdings Channel.com reports. The firm acquired 352,148 shares of the exchange traded fund’s stock, valued at approximately $3,849,000. Direxion Daily Gold Miners Index Bear 2x Shares comprises approximately 3.2% of Lane Generational LLC’s portfolio, making the stock its 14th largest position.

A number of other large investors have also made changes to their positions in the stock. Group One Trading LLC increased its position in Direxion Daily Gold Miners Index Bear 2x Shares by 104.4% during the 2nd quarter. Group One Trading LLC now owns 1,065 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 544 shares in the last quarter. SBI Securities Co. Ltd. lifted its holdings in Direxion Daily Gold Miners Index Bear 2x Shares by 71.4% in the 2nd quarter. SBI Securities Co. Ltd. now owns 1,423 shares of the exchange traded fund’s stock valued at $35,000 after purchasing an additional 593 shares in the last quarter. Bank of America Corp DE acquired a new stake in shares of Direxion Daily Gold Miners Index Bear 2x Shares during the 2nd quarter worth about $126,000. Walleye Capital LLC purchased a new stake in shares of Direxion Daily Gold Miners Index Bear 2x Shares during the second quarter worth about $235,000. Finally, Simplex Trading LLC purchased a new stake in shares of Direxion Daily Gold Miners Index Bear 2x Shares during the second quarter worth about $692,000.

Direxion Daily Gold Miners Index Bear 2x Shares Price Performance

NYSEARCA:DUST opened at $5.75 on Friday. The firm has a 50 day simple moving average of $7.00 and a 200-day simple moving average of $12.21. Direxion Daily Gold Miners Index Bear 2x Shares has a 1-year low of $4.16 and a 1-year high of $52.14.

About Direxion Daily Gold Miners Index Bear 2x Shares

The Direxion Daily Gold Miners Index Bear 2X Shares (DUST) is an exchange-traded fund that is based on the NYSE Arca Gold Miners (NTR) index. The fund provides 2x inverse exposure to a market-cap-weighted index of global gold and silver mining firms. DUST was launched on Dec 8, 2010 and is managed by Direxion.