X Square Capital LLC Sells 12,500 Shares of Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA)

X Square Capital LLC reduced its position in Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA) by 71.4% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 5,000 shares of the exchange traded fund’s stock after selling 12,500 shares during the period. X Square Capital LLC’s holdings in Direxion Daily Small Cap Bull 3X Shares were worth $209,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. BNP Paribas Financial Markets purchased a new stake in Direxion Daily Small Cap Bull 3X Shares in the 3rd quarter worth $372,000. Townsquare Capital LLC grew its holdings in shares of Direxion Daily Small Cap Bull 3X Shares by 37.5% in the third quarter. Townsquare Capital LLC now owns 61,932 shares of the exchange traded fund’s stock valued at $2,746,000 after purchasing an additional 16,903 shares in the last quarter. Symmetry Peak Management LLC purchased a new stake in shares of Direxion Daily Small Cap Bull 3X Shares during the third quarter worth approximately $292,000. Vienna Asset Management LLC acquired a new stake in Direxion Daily Small Cap Bull 3X Shares in the third quarter valued at $333,000. Finally, EP Wealth Advisors LLC acquired a new position in shares of Direxion Daily Small Cap Bull 3X Shares in the 3rd quarter valued at $222,000.

Direxion Daily Small Cap Bull 3X Shares Trading Down 1.3 %

Shares of NYSEARCA TNA opened at $31.65 on Friday. Direxion Daily Small Cap Bull 3X Shares has a twelve month low of $28.40 and a twelve month high of $58.00. The stock has a market cap of $1.74 billion, a P/E ratio of 15.03 and a beta of 3.52. The stock has a 50 day moving average of $38.87 and a two-hundred day moving average of $43.48.

Direxion Daily Small Cap Bull 3X Shares Increases Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Tuesday, March 25th will be given a dividend of $0.1033 per share. The ex-dividend date of this dividend is Tuesday, March 25th. This is an increase from Direxion Daily Small Cap Bull 3X Shares’s previous dividend of $0.03.

About Direxion Daily Small Cap Bull 3X Shares

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.