Shares of MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU – Get Free Report) shot up 10.6% on Monday . The stock traded as high as $415.99 and last traded at $411.4270. 259,199 shares were traded during trading, a decline of 67% from the average session volume of 787,930 shares. The stock had previously closed at $372.15.
MicroSectors Gold Miners 3x Leveraged ETN Stock Performance
The firm has a market cap of $3.50 billion, a price-to-earnings ratio of 21.92 and a beta of 2.02. The stock has a 50-day moving average of $324.07 and a 200-day moving average of $221.77.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in MicroSectors Gold Miners 3x Leveraged ETN stock. Jump Financial LLC purchased a new position in shares of MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU – Free Report) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 20,597 shares of the company’s stock, valued at approximately $5,019,000. Jump Financial LLC owned about 0.24% of MicroSectors Gold Miners 3x Leveraged ETN as of its most recent SEC filing.
MicroSectors Gold Miners 3x Leveraged ETN Company Profile
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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