Direxion Daily Gold Miners Index Bear 2x Shares (NYSEARCA:DUST – Get Free Report)’s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $253.52 and traded as low as $49.25. Direxion Daily Gold Miners Index Bear 2x Shares shares last traded at $49.36, with a volume of 1,568,987 shares traded.
Direxion Daily Gold Miners Index Bear 2x Shares Price Performance
The stock’s 50-day moving average is $55.20 and its two-hundred day moving average is $250.95.
Hedge Funds Weigh In On Direxion Daily Gold Miners Index Bear 2x Shares
A number of institutional investors have recently modified their holdings of DUST. JPMorgan Chase & Co. increased its position in shares of Direxion Daily Gold Miners Index Bear 2x Shares by 131.9% during the fourth quarter. JPMorgan Chase & Co. now owns 443 shares of the exchange traded fund’s stock worth $30,000 after acquiring an additional 252 shares during the period. Spire Wealth Management purchased a new position in Direxion Daily Gold Miners Index Bear 2x Shares during the fourth quarter valued at approximately $254,000. Virtu Financial LLC increased its holdings in Direxion Daily Gold Miners Index Bear 2x Shares by 163.9% during the third quarter. Virtu Financial LLC now owns 560,878 shares of the exchange traded fund’s stock valued at $2,995,000 after buying an additional 348,346 shares during the period. Finally, BNP Paribas Financial Markets purchased a new position in Direxion Daily Gold Miners Index Bear 2x Shares during the fourth quarter valued at approximately $3,438,000.
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.
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