MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU – Get Free Report) gapped down before the market opened on Wednesday . The stock had previously closed at $153.20, but opened at $145.31. MicroSectors Gold Miners 3x Leveraged ETN shares last traded at $139.68, with a volume of 246,645 shares changing hands.
MicroSectors Gold Miners 3x Leveraged ETN Trading Up 3.9%
The firm has a market capitalization of $1.21 billion, a P/E ratio of 21.92 and a beta of 1.79. The company has a 50-day moving average of $190.58 and a 200-day moving average of $256.84.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in MicroSectors Gold Miners 3x Leveraged ETN stock. Gamco Investors INC. ET AL acquired a new position in MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU – Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 1,000 shares of the company’s stock, valued at approximately $205,000.
About MicroSectors Gold Miners 3x Leveraged ETN
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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