Thurston Springer Miller Herd & Titak Inc. Acquires 3,409 Shares of Direxion Daily Gold Miners Index Bull 2x Shares (NYSEARCA:NUGT)

Thurston Springer Miller Herd & Titak Inc. increased its stake in Direxion Daily Gold Miners Index Bull 2x Shares (NYSEARCA:NUGT) by 40.4% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 11,856 shares of the exchange traded fund’s stock after purchasing an additional 3,409 shares during the quarter. Thurston Springer Miller Herd & Titak Inc. owned approximately 0.08% of Direxion Daily Gold Miners Index Bull 2x Shares worth $589,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of NUGT. 180 Wealth Advisors LLC increased its position in Direxion Daily Gold Miners Index Bull 2x Shares by 12.5% during the first quarter. 180 Wealth Advisors LLC now owns 7,123 shares of the exchange traded fund’s stock valued at $245,000 after acquiring an additional 792 shares during the last quarter. Quadrature Capital Ltd purchased a new stake in Direxion Daily Gold Miners Index Bull 2x Shares in the 1st quarter worth about $856,000. Headlands Technologies LLC bought a new stake in Direxion Daily Gold Miners Index Bull 2x Shares in the second quarter worth about $195,000. Fore Capital LLC purchased a new position in shares of Direxion Daily Gold Miners Index Bull 2x Shares during the second quarter valued at approximately $1,691,000. Finally, PNC Financial Services Group Inc. bought a new position in shares of Direxion Daily Gold Miners Index Bull 2x Shares during the fourth quarter valued at approximately $49,000.

Direxion Daily Gold Miners Index Bull 2x Shares Stock Performance

Shares of NUGT stock opened at $50.34 on Tuesday. The stock has a 50 day moving average price of $47.55 and a 200 day moving average price of $43.09. Direxion Daily Gold Miners Index Bull 2x Shares has a 52-week low of $23.15 and a 52-week high of $55.20. The firm has a market capitalization of $737.48 million, a P/E ratio of 19.80 and a beta of 1.57.

Direxion Daily Gold Miners Index Bull 2x Shares Profile

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.