Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA) Sets New 12-Month High – Here’s What Happened

Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA)’s share price hit a new 52-week high during trading on Friday . The stock traded as high as $70.44 and last traded at $70.16, with a volume of 2720202 shares changing hands. The stock had previously closed at $67.99.

Direxion Daily Small Cap Bull 3X Shares Price Performance

The company has a 50-day moving average price of $61.08 and a 200 day moving average price of $53.96. The firm has a market capitalization of $1.70 billion, a PE ratio of 17.29 and a beta of 3.32.

Hedge Funds Weigh In On Direxion Daily Small Cap Bull 3X Shares

Large investors have recently made changes to their positions in the business. Northwestern Mutual Wealth Management Co. lifted its position in shares of Direxion Daily Small Cap Bull 3X Shares by 5,290.9% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 593 shares of the exchange traded fund’s stock valued at $27,000 after acquiring an additional 582 shares in the last quarter. Tucker Asset Management LLC purchased a new position in shares of Direxion Daily Small Cap Bull 3X Shares in the fourth quarter valued at about $31,000. Parallel Advisors LLC lifted its position in shares of Direxion Daily Small Cap Bull 3X Shares by 147.5% in the fourth quarter. Parallel Advisors LLC now owns 755 shares of the exchange traded fund’s stock valued at $34,000 after acquiring an additional 450 shares in the last quarter. Western Wealth Management LLC purchased a new position in shares of Direxion Daily Small Cap Bull 3X Shares in the first quarter valued at about $38,000. Finally, Bank of America Corp DE lifted its position in shares of Direxion Daily Small Cap Bull 3X Shares by 402.3% in the fourth quarter. Bank of America Corp DE now owns 874 shares of the exchange traded fund’s stock valued at $37,000 after acquiring an additional 700 shares in the last quarter.

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.