Choreo LLC Has $642,000 Stock Position in Direxion Daily Small Cap Bear 3X Shares $TZA

Choreo LLC lessened its stake in Direxion Daily Small Cap Bear 3X Shares (NYSEARCA:TZA) by 80.1% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 78,216 shares of the exchange traded fund’s stock after selling 314,543 shares during the quarter. Choreo LLC owned 0.18% of Direxion Daily Small Cap Bear 3X Shares worth $642,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the stock. Smithfield Trust Co acquired a new position in Direxion Daily Small Cap Bear 3X Shares during the 2nd quarter worth approximately $6,011,000. Jump Financial LLC boosted its holdings in Direxion Daily Small Cap Bear 3X Shares by 132.8% during the second quarter. Jump Financial LLC now owns 195,181 shares of the exchange traded fund’s stock worth $2,315,000 after purchasing an additional 111,354 shares during the last quarter. IMC Chicago LLC grew its position in Direxion Daily Small Cap Bear 3X Shares by 51.5% in the third quarter. IMC Chicago LLC now owns 162,459 shares of the exchange traded fund’s stock valued at $1,334,000 after purchasing an additional 55,210 shares in the last quarter. Flow Traders U.S. LLC grew its position in Direxion Daily Small Cap Bear 3X Shares by 70.1% in the second quarter. Flow Traders U.S. LLC now owns 135,618 shares of the exchange traded fund’s stock valued at $1,608,000 after purchasing an additional 55,911 shares in the last quarter. Finally, Qube Research & Technologies Ltd lifted its position in Direxion Daily Small Cap Bear 3X Shares by 11,756.2% during the 2nd quarter. Qube Research & Technologies Ltd now owns 61,652 shares of the exchange traded fund’s stock worth $731,000 after buying an additional 61,132 shares in the last quarter.

Direxion Daily Small Cap Bear 3X Shares Stock Performance

Direxion Daily Small Cap Bear 3X Shares stock opened at $6.19 on Thursday. The firm has a 50-day moving average of $6.33 and a 200-day moving average of $7.50. Direxion Daily Small Cap Bear 3X Shares has a one year low of $5.59 and a one year high of $25.70.

Direxion Daily Small Cap Bear 3X Shares Company Profile

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