Direxion Shares Exchange Traded Fund Trust (NYSEARCA:NUGT) stock trading down by 6.14%


Dallas, Texas 07/15/2013 (Financialstrend) – The exchange traded fund, Direxion Shares Exchange Traded Fund Trust (NYSEARCA:NUGT) proves effective at providing highly practical and suitable for today’s market challenges investment solutions. The ETF comprises highly liquid, institutional style strategies which prove to be suitable for investment. The exchange traded fund of Direxion shares proves effective to manage the risk adjusted performance of portfolios of the investors through the currently evolving market conditions.

The ETF of Direxion shares consist of publicly traded companies operating in the mining and exploration of two precious metals of gold and silver. The fund operates as a non-diversified modified fund of new market capitalization. It has recently announced in the month of June 2013 that the income distribution to the unit holders of the fund will be made according to the schedule and the dividend distribution on the fund was made as planned on June 20, 2013. In line with such developments, the portfolio of the Direxion shares ETF was adjusted in accordance with the amount of dividend distributions that were made to the unit holders of the fund and further adjustments were made to the fund’s net assets.

Direxion Shares Exchange Traded Fund Trust (NYSEARCA:NUGT) closed at $5.66 on Friday, recording a decrease of 6.14% for the stock. During the day, the stock was fluctuating between a low intraday price of $5.42 and a high intraday price of $5.88 per share. The stock currently has a 52-week low of $4.55 and a 52-week high of $485.25 per share. The ETF has a market cap of $463.04 billion. The stock witnessed active trading in around 1.97 million shares on Friday.

Subscribe to get your free report!

* indicates required
*Past performance is not a predictor of future results. All investing involves risk of loss and individual investments may vary. The examples provided may not be representative of typical results. Your capital is at risk when you invest – you can lose some or all of your money. Never risk more than you can afford to lose.By submitting your information you agree to the terms of our Privacy Policy • Cancel Newsletter Any Time.This is a FREE service from Finacials Trend. Signing up for our FREE daily e-letter also entitles you to receive this report. We will NOT share your email address with anyone.