Farther Finance Advisors LLC Grows Stock Holdings in Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA)

Farther Finance Advisors LLC boosted its holdings in Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA) by 154.2% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 1,525 shares of the exchange traded fund’s stock after buying an additional 925 shares during the period. Farther Finance Advisors LLC’s holdings in Direxion Daily Small Cap Bull 3X Shares were worth $64,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. ORG Wealth Partners LLC boosted its holdings in shares of Direxion Daily Small Cap Bull 3X Shares by 26.1% during the 4th quarter. ORG Wealth Partners LLC now owns 2,400 shares of the exchange traded fund’s stock valued at $101,000 after purchasing an additional 496 shares during the last quarter. EP Wealth Advisors LLC purchased a new stake in shares of Direxion Daily Small Cap Bull 3X Shares in the third quarter worth about $222,000. GFG Capital LLC bought a new position in Direxion Daily Small Cap Bull 3X Shares during the fourth quarter valued at approximately $276,000. Symmetry Peak Management LLC purchased a new position in Direxion Daily Small Cap Bull 3X Shares during the 3rd quarter valued at approximately $292,000. Finally, Novare Capital Management LLC bought a new stake in Direxion Daily Small Cap Bull 3X Shares in the 4th quarter worth approximately $314,000.

Direxion Daily Small Cap Bull 3X Shares Stock Performance

Shares of TNA opened at $31.46 on Friday. The company’s fifty day moving average is $39.60 and its 200 day moving average is $43.69. The stock has a market capitalization of $1.73 billion, a PE ratio of 15.03 and a beta of 3.52. Direxion Daily Small Cap Bull 3X Shares has a fifty-two week low of $28.40 and a fifty-two week high of $58.00.

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.