Wealth Enhancement Advisory Services LLC Increases Stock Holdings in Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA)

Wealth Enhancement Advisory Services LLC lifted its position in Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA) by 34.9% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 8,456 shares of the exchange traded fund’s stock after purchasing an additional 2,188 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Direxion Daily Small Cap Bull 3X Shares were worth $375,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. EverSource Wealth Advisors LLC boosted its stake 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 buying an additional 500 shares during the period. ORG Partners LLC purchased a new position in Direxion Daily Small Cap Bull 3X Shares during the second quarter worth about $68,000. ORG Wealth Partners LLC purchased a new position in Direxion Daily Small Cap Bull 3X Shares during the third quarter worth about $84,000. Covestor Ltd boosted its stake in 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 buying an additional 663 shares during the period. Finally, Dynamic Advisor Solutions LLC purchased a new position in Direxion Daily Small Cap Bull 3X Shares during the third quarter worth about $216,000.

Direxion Daily Small Cap Bull 3X Shares Stock Performance

Shares of TNA opened at $53.88 on Friday. The stock has a market capitalization of $3.36 billion, a PE ratio of 13.84 and a beta of 3.74. Direxion Daily Small Cap Bull 3X Shares has a 1 year low of $23.43 and a 1 year high of $54.22. The company’s 50-day simple moving average is $43.42 and its 200-day simple moving average is $40.67.

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.