Defiance Daily Target 2X Long AVGO ETF (NASDAQ:AVGX) Trading Down 1.3% – Should You Sell?

Defiance Daily Target 2X Long AVGO ETF (NASDAQ:AVGXGet Free Report) traded down 1.3% on Tuesday . The company traded as low as $47.79 and last traded at $47.89. 534,304 shares were traded during trading, a decline of 34% from the average session volume of 803,523 shares. The stock had previously closed at $48.54.

Defiance Daily Target 2X Long AVGO ETF Stock Down 1.3%

The firm has a 50 day simple moving average of $54.68 and a 200-day simple moving average of $47.07.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Defiance Daily Target 2X Long AVGO ETF stock. Jump Financial LLC bought a new stake in Defiance Daily Target 2X Long AVGO ETF (NASDAQ:AVGXFree Report) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 8,074 shares of the company’s stock, valued at approximately $289,000. Jump Financial LLC owned approximately 0.36% of Defiance Daily Target 2X Long AVGO ETF as of its most recent SEC filing.

Defiance Daily Target 2X Long AVGO ETF Company Profile

(Get Free Report)

The Defiance Daily Target 2X Long AVGO ETF (AVGX) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to deliver 2x leveraged exposure to the daily share price movement of Broadcom Inc (AVGO), less fees and expenses, through derivatives like swap agreements AVGX was launched on Aug 21, 2024 and is issued by Defiance.

Further Reading

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