MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU) Stock Price Up 13.7% – What’s Next?

MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXUGet Free Report) was up 13.7% during trading on Friday . The stock traded as high as $333.34 and last traded at $338.8380. Approximately 259,963 shares were traded during trading, a decline of 68% from the average daily volume of 804,875 shares. The stock had previously closed at $298.00.

MicroSectors Gold Miners 3x Leveraged ETN Stock Up 16.6%

The business’s fifty day moving average is $309.54 and its 200-day moving average is $208.58. The company has a market cap of $2.95 billion, a PE ratio of 21.92 and a beta of 2.02.

Institutional Trading of MicroSectors Gold Miners 3x Leveraged ETN

A hedge fund recently bought a new stake in MicroSectors Gold Miners 3x Leveraged ETN stock. Gamco Investors INC. ET AL bought a new position in MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXUFree Report) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 1,000 shares of the company’s stock, valued at approximately $205,000.

About MicroSectors Gold Miners 3x Leveraged ETN

(Get Free Report)

The MicroSectors Gold Miners 3X Leveraged ETN (GDXU) is an exchange-traded fund that is based on the S-Network MicroSectors Gold Miners index. The fund provides 3x daily leveraged exposure to a market-cap weighted index comprised of two gold miners ETFs. GDXU was launched on Dec 7, 2020 and is issued by REX Microsectors.

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