Hodges Capital Management Inc. Buys 4,000 Shares of Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA)

Hodges Capital Management Inc. lifted its stake in shares of Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA) by 10.3% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 43,000 shares of the exchange traded fund’s stock after purchasing an additional 4,000 shares during the quarter. Hodges Capital Management Inc. owned 0.07% of Direxion Daily Small Cap Bull 3X Shares worth $1,846,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Westwood Wealth Management grew its position in Direxion Daily Small Cap Bull 3X Shares by 0.5% during the fourth quarter. Westwood Wealth Management now owns 56,905 shares of the exchange traded fund’s stock worth $2,245,000 after buying an additional 260 shares in the last quarter. SP Asset Management LLC grew its position in Direxion Daily Small Cap Bull 3X Shares by 0.4% during the fourth quarter. SP Asset Management LLC now owns 82,024 shares of the exchange traded fund’s stock worth $3,236,000 after buying an additional 337 shares in the last quarter. Optimum Investment Advisors grew its position in Direxion Daily Small Cap Bull 3X Shares by 36.4% during the fourth quarter. Optimum Investment Advisors now owns 3,000 shares of the exchange traded fund’s stock worth $118,000 after buying an additional 800 shares in the last quarter. Viewpoint Capital Management LLC grew its position in Direxion Daily Small Cap Bull 3X Shares by 17.9% during the fourth quarter. Viewpoint Capital Management LLC now owns 13,200 shares of the exchange traded fund’s stock worth $521,000 after buying an additional 2,000 shares in the last quarter. Finally, Headlands Technologies LLC purchased a new position in shares of Direxion Daily Small Cap Bull 3X Shares in the 4th quarter worth about $79,000.

Direxion Daily Small Cap Bull 3X Shares Trading Up 1.0 %

TNA opened at $36.67 on Friday. The stock has a 50-day moving average price of $37.13 and a 200-day moving average price of $37.53. Direxion Daily Small Cap Bull 3X Shares has a 12-month low of $21.58 and a 12-month high of $43.84. The stock has a market capitalization of $2.29 billion, a P/E ratio of 13.84 and a beta of 3.74.

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.