Farther Finance Advisors LLC Purchases 559 Shares of Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA)

Farther Finance Advisors LLC boosted its position in shares of Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA) by 1,363.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 600 shares of the exchange traded fund’s stock after acquiring an additional 559 shares during the period. Farther Finance Advisors LLC’s holdings in Direxion Daily Small Cap Bull 3X Shares were worth $27,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Hodges Capital Management Inc. grew its stake in shares of Direxion Daily Small Cap Bull 3X Shares by 16.3% in the 2nd quarter. Hodges Capital Management Inc. now owns 50,000 shares of the exchange traded fund’s stock valued at $1,834,000 after purchasing an additional 7,000 shares during the period. Thames Capital Management LLC bought a new stake in Direxion Daily Small Cap Bull 3X Shares during the 2nd quarter worth approximately $8,253,000. ORG Partners LLC bought a new stake in Direxion Daily Small Cap Bull 3X Shares during the 2nd quarter worth approximately $68,000. IMC Chicago LLC grew its position in Direxion Daily Small Cap Bull 3X Shares by 1,221.5% during the 2nd quarter. IMC Chicago LLC now owns 246,514 shares of the exchange traded fund’s stock worth $9,040,000 after acquiring an additional 227,860 shares during the last quarter. Finally, Virtu Financial LLC bought a new stake in Direxion Daily Small Cap Bull 3X Shares during the 2nd quarter worth approximately $3,059,000.

Direxion Daily Small Cap Bull 3X Shares Price Performance

NYSEARCA TNA opened at $47.39 on Friday. The firm has a market cap of $2.96 billion, a PE ratio of 13.84 and a beta of 3.74. Direxion Daily Small Cap Bull 3X Shares has a one year low of $26.84 and a one year high of $56.77. The stock’s 50 day simple moving average is $44.57 and its 200 day simple moving average is $41.21.

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.