RBF Capital LLC Makes New $683,000 Investment in Direxion Daily Small Cap Bull 3X Shares $TNA

RBF Capital LLC bought a new position in shares of Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA) during the fourth quarter, HoldingsChannel.com reports. The firm bought 15,000 shares of the exchange traded fund’s stock, valued at approximately $683,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. raised its stake in Direxion Daily Small Cap Bull 3X Shares by 7,906,690.9% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 869,747 shares of the exchange traded fund’s stock worth $39,608,000 after acquiring an additional 869,736 shares during the period. UBS Group AG raised its position in shares of Direxion Daily Small Cap Bull 3X Shares by 45.4% during the third quarter. UBS Group AG now owns 298,311 shares of the exchange traded fund’s stock valued at $13,496,000 after buying an additional 93,197 shares during the last quarter. Axxcess Wealth Management LLC bought a new stake in shares of Direxion Daily Small Cap Bull 3X Shares during the third quarter valued at approximately $5,823,000. Tower Research Capital LLC TRC raised its position in shares of Direxion Daily Small Cap Bull 3X Shares by 131.9% during the second quarter. Tower Research Capital LLC TRC now owns 121,176 shares of the exchange traded fund’s stock valued at $4,064,000 after buying an additional 68,916 shares during the last quarter. Finally, Jump Financial LLC bought a new stake in shares of Direxion Daily Small Cap Bull 3X Shares during the third quarter valued at approximately $4,832,000.

Direxion Daily Small Cap Bull 3X Shares Price Performance

Direxion Daily Small Cap Bull 3X Shares stock opened at $69.53 on Wednesday. The stock has a market cap of $1.70 billion, a P/E ratio of 17.29 and a beta of 3.32. Direxion Daily Small Cap Bull 3X Shares has a 1 year low of $29.76 and a 1 year high of $73.69. The firm’s 50 day moving average price is $62.07 and its 200-day moving average price is $54.39.

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. It includes approximately 2,000 of the smallest securities based on a combination of their market cap and current index membership.