Hodges Capital Management Inc. Grows Stock Position in Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA)

Hodges Capital Management Inc. lifted its holdings in shares of Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA) by 9.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 47,500 shares of the exchange traded fund’s stock after buying an additional 4,000 shares during the quarter. Hodges Capital Management Inc.’s holdings in Direxion Daily Small Cap Bull 3X Shares were worth $1,989,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Spire Wealth Management raised its position in shares of Direxion Daily Small Cap Bull 3X Shares by 18,362.9% in the fourth quarter. Spire Wealth Management now owns 76,067 shares of the exchange traded fund’s stock worth $3,186,000 after buying an additional 75,655 shares in the last quarter. Novare Capital Management LLC bought a new stake in shares of Direxion Daily Small Cap Bull 3X Shares in the 4th quarter worth approximately $314,000. McGuire Investment Group LLC boosted its position in Direxion Daily Small Cap Bull 3X Shares by 15.4% during the fourth quarter. McGuire Investment Group LLC now owns 10,475 shares of the exchange traded fund’s stock valued at $439,000 after buying an additional 1,400 shares during the period. Traynor Capital Management Inc. grew its position in Direxion Daily Small Cap Bull 3X Shares by 9.5% during the 4th quarter. Traynor Capital Management Inc. now owns 93,218 shares of the exchange traded fund’s stock worth $3,904,000 after acquiring an additional 8,061 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Direxion Daily Small Cap Bull 3X Shares in the fourth quarter worth $814,000.

Direxion Daily Small Cap Bull 3X Shares Trading Down 3.4 %

Direxion Daily Small Cap Bull 3X Shares stock opened at $42.82 on Tuesday. Direxion Daily Small Cap Bull 3X Shares has a 1-year low of $31.84 and a 1-year high of $58.00. The firm has a 50-day moving average of $46.43 and a 200-day moving average of $44.77. The firm has a market cap of $2.67 billion, a P/E ratio of 13.84 and a beta of 3.74.

Direxion Daily Small Cap Bull 3X Shares Profile

Direxion Daily Small Cap Bull 3X Shares (the Fund), formerly Direxion Small Cap Bull 3X Shares, seeks daily investment results of 300% of the price performance of the Russell 2000 Index (the Small Cap Index). The Small Cap Index measures the performance of the small-cap segment of the United States equity universe, and consists of the smallest 2,000 companies in the Russell 3000 Index, representing approximately 10% of the total market capitalization of the Russell 3000 Index.