Foundations Investment Advisors LLC trimmed its position in shares of Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA – Free Report) by 71.0% in the 4th quarter, Holdings Channel.com reports. The firm owned 4,550 shares of the exchange traded fund’s stock after selling 11,137 shares during the period. Foundations Investment Advisors LLC’s holdings in Direxion Daily Small Cap Bull 3X Shares were worth $207,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other large investors have also recently made changes to their positions in the company. Bank of America Corp DE boosted its holdings in Direxion Daily Small Cap Bull 3X Shares by 402.3% during the fourth quarter. Bank of America Corp DE now owns 874 shares of the exchange traded fund’s stock worth $37,000 after buying an additional 700 shares in the last quarter. Integrated Wealth Concepts LLC increased its holdings in Direxion Daily Small Cap Bull 3X Shares by 11.6% in the first quarter. Integrated Wealth Concepts LLC now owns 8,241 shares of the exchange traded fund’s stock valued at $241,000 after buying an additional 854 shares in the last quarter. NewEdge Advisors LLC raised its position in shares of Direxion Daily Small Cap Bull 3X Shares by 36.1% in the first quarter. NewEdge Advisors LLC now owns 12,365 shares of the exchange traded fund’s stock worth $362,000 after acquiring an additional 3,280 shares during the period. Group One Trading LLC raised its position in shares of Direxion Daily Small Cap Bull 3X Shares by 402.6% in the second quarter. Group One Trading LLC now owns 5,101 shares of the exchange traded fund’s stock worth $171,000 after acquiring an additional 4,086 shares during the period. Finally, Modern Wealth Management LLC purchased a new stake in shares of Direxion Daily Small Cap Bull 3X Shares during the 2nd quarter worth about $234,000.
Direxion Daily Small Cap Bull 3X Shares Stock Up 4.5%
NYSEARCA:TNA opened at $69.71 on Friday. Direxion Daily Small Cap Bull 3X Shares has a 52 week low of $29.76 and a 52 week high of $70.42. The stock has a market capitalization of $1.70 billion, a PE ratio of 17.29 and a beta of 3.32. The stock’s 50-day moving average price is $58.50 and its 200-day moving average price is $52.96.
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. It includes approximately 2,000 of the smallest securities based on a combination of their market cap and current index membership.
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