3,404 Shares in Direxion Daily Gold Miners Index Bull 2x Shares $NUGT Purchased by Brookstone Capital Management

Brookstone Capital Management purchased a new position in shares of Direxion Daily Gold Miners Index Bull 2x Shares (NYSEARCA:NUGT) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 3,404 shares of the exchange traded fund’s stock, valued at approximately $526,000.

A number of other institutional investors have also modified their holdings of the company. Tower Research Capital LLC TRC increased its position in shares of Direxion Daily Gold Miners Index Bull 2x Shares by 473.9% in the second quarter. Tower Research Capital LLC TRC now owns 878 shares of the exchange traded fund’s stock worth $65,000 after acquiring an additional 725 shares in the last quarter. Raymond James Financial Inc. bought a new stake in shares of Direxion Daily Gold Miners Index Bull 2x Shares in the second quarter worth $71,000. Crosspoint Financial LLC bought a new position in shares of Direxion Daily Gold Miners Index Bull 2x Shares during the second quarter worth about $282,000. Thurston Springer Miller Herd & Titak Inc. grew its position in shares of Direxion Daily Gold Miners Index Bull 2x Shares by 75.1% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 3,902 shares of the exchange traded fund’s stock worth $290,000 after acquiring an additional 1,674 shares in the last quarter. Finally, Savvy Advisors Inc. acquired a new position in Direxion Daily Gold Miners Index Bull 2x Shares in the second quarter worth $498,000.

Direxion Daily Gold Miners Index Bull 2x Shares Price Performance

NUGT stock opened at $188.95 on Wednesday. The firm has a market cap of $1.54 billion, a price-to-earnings ratio of 22.41 and a beta of 1.08. Direxion Daily Gold Miners Index Bull 2x Shares has a 1-year low of $34.46 and a 1-year high of $211.09. The firm has a fifty day moving average price of $159.88 and a two-hundred day moving average price of $125.15.

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.