Renaissance Technologies LLC Sells 36,400 Shares of Direxion Daily Small Cap Bear 3X Shares (NYSEARCA:TZA)

Renaissance Technologies LLC trimmed its position in Direxion Daily Small Cap Bear 3X Shares (NYSEARCA:TZA) by 58.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 25,700 shares of the exchange traded fund’s stock after selling 36,400 shares during the period. Renaissance Technologies LLC owned 0.12% of Direxion Daily Small Cap Bear 3X Shares worth $477,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. Choreo LLC lifted its holdings in shares of Direxion Daily Small Cap Bear 3X Shares by 132.4% during the second quarter. Choreo LLC now owns 123,897 shares of the exchange traded fund’s stock valued at $2,354,000 after purchasing an additional 70,585 shares during the last quarter. Jane Street Group LLC boosted its stake in Direxion Daily Small Cap Bear 3X Shares by 5,734.5% in the 1st quarter. Jane Street Group LLC now owns 801,718 shares of the exchange traded fund’s stock worth $13,461,000 after purchasing an additional 787,977 shares in the last quarter. Flow Traders U.S. LLC increased its stake in Direxion Daily Small Cap Bear 3X Shares by 151.8% during the 1st quarter. Flow Traders U.S. LLC now owns 259,490 shares of the exchange traded fund’s stock valued at $4,357,000 after purchasing an additional 156,442 shares in the last quarter. Headlands Technologies LLC lifted its stake in shares of Direxion Daily Small Cap Bear 3X Shares by 28.7% in the first quarter. Headlands Technologies LLC now owns 12,940 shares of the exchange traded fund’s stock worth $217,000 after buying an additional 2,884 shares in the last quarter. Finally, IMC Chicago LLC grew its holdings in shares of Direxion Daily Small Cap Bear 3X Shares by 1,098.4% during the first quarter. IMC Chicago LLC now owns 752,442 shares of the exchange traded fund’s stock valued at $12,634,000 after buying an additional 689,657 shares during the last quarter.

Direxion Daily Small Cap Bear 3X Shares Price Performance

Shares of NYSEARCA:TZA opened at $14.30 on Friday. The business has a 50-day simple moving average of $15.05 and a two-hundred day simple moving average of $17.04. Direxion Daily Small Cap Bear 3X Shares has a fifty-two week low of $12.70 and a fifty-two week high of $40.22.

About Direxion Daily Small Cap Bear 3X Shares

Direxion Daily Small Cap Bear 3X Shares (the Fund) seeks daily investment results of 300% of the inverse (or opposite) 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.