Direxion Daily Small Cap Bull 3X Shares $TNA Shares Sold by Capital Investment Counsel Inc

Capital Investment Counsel Inc reduced its position in Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA) by 49.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 10,820 shares of the exchange traded fund’s stock after selling 10,650 shares during the quarter. Capital Investment Counsel Inc’s holdings in Direxion Daily Small Cap Bull 3X Shares were worth $489,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in TNA. Elevatus Welath Management acquired a new stake in Direxion Daily Small Cap Bull 3X Shares during the second quarter worth about $6,801,000. Flow Traders U.S. LLC grew its holdings in shares of Direxion Daily Small Cap Bull 3X Shares by 282.7% during the 2nd quarter. Flow Traders U.S. LLC now owns 236,805 shares of the exchange traded fund’s stock worth $7,942,000 after purchasing an additional 174,934 shares during the period. Ridgepath Capital Management LLC acquired a new stake in Direxion Daily Small Cap Bull 3X Shares during the 3rd quarter worth approximately $5,823,000. Simplex Trading LLC increased its position in Direxion Daily Small Cap Bull 3X Shares by 219.5% during the 2nd quarter. Simplex Trading LLC now owns 140,768 shares of the exchange traded fund’s stock worth $4,721,000 after purchasing an additional 96,716 shares in the last quarter. Finally, Tower Research Capital LLC TRC raised its holdings in Direxion Daily Small Cap Bull 3X Shares by 131.9% in the second quarter. Tower Research Capital LLC TRC now owns 121,176 shares of the exchange traded fund’s stock valued at $4,064,000 after buying an additional 68,916 shares during the period.

Direxion Daily Small Cap Bull 3X Shares Stock Down 5.6%

Shares of TNA stock opened at $55.96 on Friday. Direxion Daily Small Cap Bull 3X Shares has a fifty-two week low of $18.01 and a fifty-two week high of $60.44. The firm’s 50 day moving average price is $48.84 and its two-hundred day moving average price is $44.40. The stock has a market cap of $1.69 billion, a price-to-earnings ratio of 17.29 and a beta of 3.42.

About Direxion Daily Small Cap Bull 3X Shares

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. It includes approximately 2,000 of the smallest securities based on a combination of their market cap and current index membership.