Westwood Wealth Management Sells 29,000 Shares of Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA)

Westwood Wealth Management lowered its position in shares of Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA) by 22.7% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 98,730 shares of the exchange traded fund’s stock after selling 29,000 shares during the quarter. Direxion Daily Small Cap Bull 3X Shares comprises 1.3% of Westwood Wealth Management’s holdings, making the stock its 15th biggest position. Westwood Wealth Management owned 0.16% of Direxion Daily Small Cap Bull 3X Shares worth $3,620,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the business. EverSource Wealth Advisors LLC increased its position in Direxion Daily Small Cap Bull 3X Shares by 100.0% during the second quarter. EverSource Wealth Advisors LLC now owns 1,000 shares of the exchange traded fund’s stock worth $37,000 after acquiring an additional 500 shares during the period. ORG Partners LLC bought a new position in shares of Direxion Daily Small Cap Bull 3X Shares during the second quarter worth approximately $68,000. Covestor Ltd increased its holdings in shares of Direxion Daily Small Cap Bull 3X Shares by 28.2% during the first quarter. Covestor Ltd now owns 3,012 shares of the exchange traded fund’s stock worth $129,000 after purchasing an additional 663 shares during the period. LifeGuide Financial Advisors LLC raised its position in shares of Direxion Daily Small Cap Bull 3X Shares by 9.7% in the second quarter. LifeGuide Financial Advisors LLC now owns 8,259 shares of the exchange traded fund’s stock valued at $303,000 after buying an additional 733 shares in the last quarter. Finally, U.S. Capital Wealth Advisors LLC bought a new stake in shares of Direxion Daily Small Cap Bull 3X Shares in the second quarter valued at approximately $305,000.

Direxion Daily Small Cap Bull 3X Shares Price Performance

Shares of NYSEARCA:TNA opened at $43.96 on Tuesday. The business’s 50 day simple moving average is $41.97 and its 200 day simple moving average is $39.24. Direxion Daily Small Cap Bull 3X Shares has a 1 year low of $21.58 and a 1 year high of $51.14. The company has a market capitalization of $2.74 billion, a P/E ratio of 13.84 and a beta of 3.74.

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.