Direxion Daily Small Cap Bull 3X Shares $TNA Shares Sold by Foundations Investment Advisors LLC

Foundations Investment Advisors LLC reduced its stake in shares of Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA) by 71.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. 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 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Ellis Investment Partners LLC grew its holdings in shares of Direxion Daily Small Cap Bull 3X Shares by 1.3% during the fourth quarter. Ellis Investment Partners LLC now owns 15,633 shares of the exchange traded fund’s stock valued at $712,000 after buying an additional 205 shares during the last quarter. Orion Porfolio Solutions LLC raised its stake in Direxion Daily Small Cap Bull 3X Shares by 2.1% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 16,282 shares of the exchange traded fund’s stock worth $546,000 after acquiring an additional 328 shares during the last quarter. Crosspoint Financial LLC raised its stake in Direxion Daily Small Cap Bull 3X Shares by 11.1% in the 4th quarter. Crosspoint Financial LLC now owns 6,019 shares of the exchange traded fund’s stock worth $274,000 after acquiring an additional 601 shares during the last quarter. NewEdge Advisors LLC lifted its position in Direxion Daily Small Cap Bull 3X Shares by 8.6% during the 3rd quarter. NewEdge Advisors LLC now owns 7,737 shares of the exchange traded fund’s stock worth $350,000 after acquiring an additional 614 shares during the period. Finally, Tucker Asset Management LLC acquired a new stake in Direxion Daily Small Cap Bull 3X Shares during the 4th quarter worth about $31,000.

Direxion Daily Small Cap Bull 3X Shares Stock Performance

Direxion Daily Small Cap Bull 3X Shares stock opened at $69.71 on Friday. The business’s 50-day simple moving average is $58.50 and its two-hundred day simple moving average is $52.96. The company has a market cap of $1.70 billion, a PE ratio of 17.29 and a beta of 3.32. Direxion Daily Small Cap Bull 3X Shares has a fifty-two week low of $29.76 and a fifty-two week high of $70.42.

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.