Covestor Ltd Purchases 1,783 Shares of Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA)

Covestor Ltd grew its holdings in Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA) by 79.4% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 4,028 shares of the exchange traded fund’s stock after acquiring an additional 1,783 shares during the quarter. Covestor Ltd’s holdings in Direxion Daily Small Cap Bull 3X Shares were worth $179,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of TNA. Headlands Technologies LLC increased its stake in Direxion Daily Small Cap Bull 3X Shares by 957.7% during the 1st quarter. Headlands Technologies LLC now owns 21,165 shares of the exchange traded fund’s stock worth $908,000 after acquiring an additional 19,164 shares during the period. Hodges Capital Management Inc. grew its holdings in shares of Direxion Daily Small Cap Bull 3X Shares by 16.3% during the 2nd quarter. Hodges Capital Management Inc. now owns 50,000 shares of the exchange traded fund’s stock worth $1,834,000 after purchasing an additional 7,000 shares in the last quarter. Thames Capital Management LLC bought a new position in shares of Direxion Daily Small Cap Bull 3X Shares in the second quarter worth $8,253,000. ORG Partners LLC acquired a new position in Direxion Daily Small Cap Bull 3X Shares in the second quarter valued at about $68,000. Finally, IMC Chicago LLC lifted its position in Direxion Daily Small Cap Bull 3X Shares by 1,221.5% during the second quarter. IMC Chicago LLC now owns 246,514 shares of the exchange traded fund’s stock worth $9,040,000 after purchasing an additional 227,860 shares during the period.

Direxion Daily Small Cap Bull 3X Shares Stock Up 2.1 %

Shares of Direxion Daily Small Cap Bull 3X Shares stock opened at $53.88 on Monday. The firm’s 50-day moving average price is $43.42 and its two-hundred day moving average price is $40.71. The company has a market capitalization of $3.36 billion, a price-to-earnings ratio of 13.84 and a beta of 3.74. Direxion Daily Small Cap Bull 3X Shares has a 12-month low of $23.43 and a 12-month high of $54.22.

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.