Direxion Daily Gold Miners Index Bull 2x ETF (NYSEARCA:NUGT) Shares Climb 7.5% – Should You Buy?

Posted by Stacy Sanders on Nov 4th, 2026

Shares of Direxion Daily Gold Miners Index Bull 2x ETF (NYSEARCA:NUGT – Get Free Report) shot up 7.5% during mid-day trading on Monday. The company traded as high as $120.43 and last traded at $119.7790. Approximately 265,044 shares were traded during trading, a decline of 62% from the average session volume of 696,667 shares. The stock had previously closed at $111.38.

Direxion Daily Gold Miners Index Bull 2x ETF Price Performance

The business’s 50-day moving average is $158.83 and its two-hundred day moving average is $177.67. The firm has a market cap of $771.52 million, a P/E ratio of 22.41 and a beta of 1.36.

Hedge Funds Weigh In On Direxion Daily Gold Miners Index Bull 2x ETF

A number of institutional investors have recently bought and sold shares of the business. 180 Wealth Advisors LLC lifted its holdings in Direxion Daily Gold Miners Index Bull 2x ETF by 4.0% during the 3rd quarter. 180 Wealth Advisors LLC now owns 3,131 shares of the exchange traded fund’s stock valued at $463,000 after purchasing an additional 120 shares during the last quarter. Parallel Advisors LLC acquired a new position in shares of Direxion Daily Gold Miners Index Bull 2x ETF in the first quarter valued at $31,000. Integrated Wealth Concepts LLC bought a new position in shares of Direxion Daily Gold Miners Index Bull 2x ETF in the second quarter valued at about $99,000. Thurston Springer Miller Herd & Titak Inc. raised its position in shares of Direxion Daily Gold Miners Index Bull 2x ETF by 160.1% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,670 shares of the exchange traded fund’s stock valued at $195,000 after purchasing an additional 1,028 shares during the period. Finally, Optiver Holding B.V. raised its position in shares of Direxion Daily Gold Miners Index Bull 2x ETF by 72.3% in the first quarter. Optiver Holding B.V. now owns 3,052 shares of the exchange traded fund’s stock valued at $575,000 after purchasing an additional 1,281 shares during the period.

About Direxion Daily Gold Miners Index Bull 2x ETF

(Get Free Report)

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