Physician Wealth Advisors Inc. Sells 750 Shares of Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA)

Physician Wealth Advisors Inc. cut its stake in Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA) by 1.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 42,581 shares of the exchange traded fund’s stock after selling 750 shares during the quarter. Physician Wealth Advisors Inc. owned approximately 0.07% of Direxion Daily Small Cap Bull 3X Shares worth $1,783,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Farther Finance Advisors LLC raised its holdings in Direxion Daily Small Cap Bull 3X Shares by 154.2% in the 4th quarter. Farther Finance Advisors LLC now owns 1,525 shares of the exchange traded fund’s stock valued at $64,000 after acquiring an additional 925 shares during the period. ORG Wealth Partners LLC increased its stake in shares of Direxion Daily Small Cap Bull 3X Shares by 26.1% during the fourth quarter. ORG Wealth Partners LLC now owns 2,400 shares of the exchange traded fund’s stock worth $101,000 after purchasing an additional 496 shares during the period. EP Wealth Advisors LLC acquired a new stake in Direxion Daily Small Cap Bull 3X Shares during the 3rd quarter worth approximately $222,000. Signaturefd LLC bought a new stake in Direxion Daily Small Cap Bull 3X Shares in the 4th quarter valued at $210,000. Finally, TAP Consulting LLC grew its holdings in Direxion Daily Small Cap Bull 3X Shares by 5.8% in the 4th quarter. TAP Consulting LLC now owns 5,591 shares of the exchange traded fund’s stock valued at $234,000 after buying an additional 305 shares in the last quarter.

Direxion Daily Small Cap Bull 3X Shares Price Performance

TNA stock opened at $29.70 on Friday. The business’s fifty day moving average price is $38.58 and its two-hundred day moving average price is $43.47. The stock has a market capitalization of $1.73 billion, a price-to-earnings ratio of 14.70 and a beta of 3.52. Direxion Daily Small Cap Bull 3X Shares has a fifty-two week low of $28.40 and a fifty-two week high of $58.00.

Direxion Daily Small Cap Bull 3X Shares Increases Dividend

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

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.