Watts Gwilliam & Co. LLC Raises Stock Position in Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA)

Watts Gwilliam & Co. LLC lifted its holdings in Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA) by 8.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 25,712 shares of the exchange traded fund’s stock after buying an additional 2,110 shares during the period. Watts Gwilliam & Co. LLC’s holdings in Direxion Daily Small Cap Bull 3X Shares were worth $1,100,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. JPMorgan Chase & Co. bought a new stake in Direxion Daily Small Cap Bull 3X Shares during the third quarter worth approximately $1,564,000. Oriental Harbor Investment Fund purchased a new position in shares of Direxion Daily Small Cap Bull 3X Shares in the 3rd quarter worth approximately $7,720,000. Tidal Investments LLC bought a new position in shares of Direxion Daily Small Cap Bull 3X Shares during the 3rd quarter valued at approximately $11,528,000. World Investment Advisors LLC purchased a new stake in Direxion Daily Small Cap Bull 3X Shares during the 3rd quarter valued at $964,000. Finally, Discipline Wealth Solutions LLC bought a new stake in Direxion Daily Small Cap Bull 3X Shares in the third quarter worth $399,000.

Direxion Daily Small Cap Bull 3X Shares Stock Down 1.4 %

NYSEARCA TNA opened at $42.17 on Friday. Direxion Daily Small Cap Bull 3X Shares has a 52 week low of $31.79 and a 52 week high of $58.00. The firm has a market capitalization of $2.63 billion, a price-to-earnings ratio of 13.84 and a beta of 3.74. The company has a fifty day moving average of $48.65 and a two-hundred day moving average of $44.10.

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.