SBI Securities Co. Ltd. purchased a new position in shares of Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA – Free Report) during the fourth quarter, Holdings Channel reports. The institutional investor purchased 18,843 shares of the exchange traded fund’s stock, valued at approximately $789,000.
Several other institutional investors have also recently made changes to their positions in TNA. International Private Wealth Advisors LLC increased its holdings in Direxion Daily Small Cap Bull 3X Shares by 5.6% during the third quarter. International Private Wealth Advisors LLC now owns 6,722 shares of the exchange traded fund’s stock valued at $298,000 after buying an additional 358 shares during the period. ORG Wealth Partners LLC grew its position 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 buying an additional 496 shares during the last quarter. Farther Finance Advisors LLC raised its stake in shares of Direxion Daily Small Cap Bull 3X Shares by 1,363.4% during the 3rd quarter. Farther Finance Advisors LLC now owns 600 shares of the exchange traded fund’s stock worth $27,000 after acquiring an additional 559 shares in the last quarter. McGuire Investment Group LLC lifted 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 acquiring an additional 1,400 shares during the last quarter. Finally, Covestor Ltd boosted its stake in Direxion Daily Small Cap Bull 3X Shares by 79.4% in the third quarter. Covestor Ltd now owns 4,028 shares of the exchange traded fund’s stock valued at $179,000 after acquiring an additional 1,783 shares in the last quarter.
Direxion Daily Small Cap Bull 3X Shares Trading Down 8.2 %
NYSEARCA TNA opened at $34.10 on Tuesday. The firm’s fifty day simple moving average is $42.69 and its two-hundred day simple moving average is $44.77. The firm has a market capitalization of $1.66 billion, a P/E ratio of 15.60 and a beta of 3.46. Direxion Daily Small Cap Bull 3X Shares has a 12-month low of $31.84 and a 12-month high of $58.00.
Direxion Daily Small Cap Bull 3X Shares Company 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.
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