30,000 Shares in Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA) Purchased by Sims Investment Management LLC

Sims Investment Management LLC bought a new position in shares of Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 30,000 shares of the exchange traded fund’s stock, valued at approximately $1,256,000. Direxion Daily Small Cap Bull 3X Shares makes up 0.7% of Sims Investment Management LLC’s holdings, making the stock its 20th biggest position.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. purchased a new position in Direxion Daily Small Cap Bull 3X Shares during the third quarter worth about $1,564,000. BNP Paribas Financial Markets purchased a new position in Direxion Daily Small Cap Bull 3X Shares during the third quarter worth about $372,000. Farther Finance Advisors LLC boosted its holdings in shares of Direxion Daily Small Cap Bull 3X Shares by 1,363.4% in the 3rd quarter. Farther Finance Advisors LLC now owns 600 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 559 shares in the last quarter. Tidal Investments LLC purchased a new position in shares of Direxion Daily Small Cap Bull 3X Shares in the 3rd quarter worth about $11,528,000. Finally, ORG Wealth Partners LLC boosted its holdings in shares of Direxion Daily Small Cap Bull 3X Shares by 26.1% in the 4th 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 in the last quarter.

Direxion Daily Small Cap Bull 3X Shares Trading Up 3.1 %

TNA opened at $37.14 on Friday. The stock has a 50-day moving average price of $42.85 and a 200-day moving average price of $44.71. Direxion Daily Small Cap Bull 3X Shares has a 12-month low of $31.84 and a 12-month high of $58.00. The stock has a market capitalization of $1.81 billion, a P/E ratio of 15.60 and a beta of 3.46.

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.