The Fund, under normal circumstances, invests at least 80% of its net assets in financial instruments that provide daily leveraged exposure to the Index or to ETFs that track the Index. These funds track a commodity related equity index, consisting of a basket of gold miner related stocks. They do not invest in physical commodities and should not power trend broker be expected to directly track the price performance of gold. The Index will limit the weight of companies whose revenues are more significantly exposed to silver mining to less than 20% of the Index at each rebalance date. The Index may include small- and mid-capitalization companies and foreign issuers.One cannot directly invest in an index.
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Top institutional investors include Cutler Group LLC CA (0.00%), IMC Chicago LLC (0.23%), UBS Group AG (0.09%), Jump Financial LLC (0.09%), Tower Research Capital LLC TRC (0.08%) and SG Americas Securities LLC (0.04%). Direxion Daily Gold Miners Index Bull 2x Shares’ stock was is plus500 legitimate trading at $51.14 on January 1st, 2022. Since then, NUGT stock has decreased by 36.3% and is now trading at $32.59. Sign-up to receive the latest news and ratings for Direxion Daily Gold Miners Index Bull 2x Shares and its competitors with MarketBeat’s FREE daily newsletter.
Direxion Daily Gold Miners Index Bull 2x Shares’s stock reverse split on Thursday, April 23rd 2020. The 1-5 reverse split was announced on Wednesday, April 8th 2020. The number of shares owned by shareholders was adjusted after the closing bell on Wednesday, April 22nd 2020.
An investor that had 100 shares of stock prior to the reverse split would have 20 shares after the split. Leveraged gold miners and treasury ETFs gained last week despite a market crash. But the opportunity to take advantage of short-term trends is only won, if you get the direction right. Direxion Daily Gold Miners Index Bull 2x Shares’ stock is owned by many different retail and institutional investors.
- Intraday data delayed at least 15 minutes or per exchange requirements.
- They seek daily goals and should not be expected to track the underlying index over periods longer than one day.
- The 1-5 reverse split was announced on Wednesday, April 8th 2020.
- The use of leverage by a Fund increases the risk to the Fund.
Investing in a Direxion Shares ETF may be more volatile than investing in broadly diversified funds. The use of leverage by a Fund increases the risk to the Fund. Leveraged and inverse ETFs pursue daily leveraged investment objectives which means they are riskier than alternatives which do not use leverage. They seek daily goals and should not be expected nadex forex to track the underlying index over periods longer than one day. They are not suitable for all investors and should be utilized only by investors who understand leverage risk and who actively manage their investments. The Fund seeks daily investment results, before fees and expenses, of 200% of the price performance of the NYSE Arca Gold Miners Index.
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