Thames Capital Management LLC Makes New Investment in Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA)

Thames Capital Management LLC bought a new stake in shares of Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 225,055 shares of the exchange traded fund’s stock, valued at approximately $8,253,000. Direxion Daily Small Cap Bull 3X Shares accounts for approximately 3.2% of Thames Capital Management LLC’s portfolio, making the stock its 18th biggest holding. Thames Capital Management LLC owned about 0.36% of Direxion Daily Small Cap Bull 3X Shares as of its most recent SEC filing.

Several other large investors have also made changes to their positions in TNA. ORG Partners LLC acquired a new position in Direxion Daily Small Cap Bull 3X Shares during the second quarter worth about $68,000. Covestor Ltd increased its stake in shares of Direxion Daily Small Cap Bull 3X Shares by 28.2% in the first quarter. Covestor Ltd now owns 3,012 shares of the exchange traded fund’s stock valued at $129,000 after buying 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% during the second quarter. LifeGuide Financial Advisors LLC now owns 8,259 shares of the exchange traded fund’s stock worth $303,000 after acquiring an additional 733 shares during the last quarter. U.S. Capital Wealth Advisors LLC acquired a new position in shares of Direxion Daily Small Cap Bull 3X Shares in the second quarter worth approximately $305,000. Finally, Southern Capital Advisors LLC bought a new stake in Direxion Daily Small Cap Bull 3X Shares in the first quarter valued at approximately $411,000.

Direxion Daily Small Cap Bull 3X Shares Stock Performance

Direxion Daily Small Cap Bull 3X Shares stock opened at $44.50 on Friday. The firm has a market cap of $2.78 billion, a price-to-earnings ratio of 13.84 and a beta of 3.74. Direxion Daily Small Cap Bull 3X Shares has a 52-week low of $21.58 and a 52-week high of $51.14. The firm has a 50 day moving average price of $41.94 and a two-hundred day moving average price of $39.19.

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.