Capital Investment Counsel Inc Reduces Stock Holdings in Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA)

Capital Investment Counsel Inc reduced its stake in shares of Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA) by 39.7% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 15,220 shares of the exchange traded fund’s stock after selling 10,030 shares during the quarter. Capital Investment Counsel Inc’s holdings in Direxion Daily Small Cap Bull 3X Shares were worth $675,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of TNA. Squarepoint Ops LLC purchased a new stake in shares of Direxion Daily Small Cap Bull 3X Shares during the 2nd quarter valued at about $10,661,000. IMC Chicago LLC raised its holdings in shares of Direxion Daily Small Cap Bull 3X Shares by 1,221.5% during the 2nd quarter. IMC Chicago LLC now owns 246,514 shares of the exchange traded fund’s stock valued at $9,040,000 after buying an additional 227,860 shares during the period. Thames Capital Management LLC purchased a new stake in shares of Direxion Daily Small Cap Bull 3X Shares during the 2nd quarter valued at about $8,253,000. Flow Traders U.S. LLC raised its holdings in shares of Direxion Daily Small Cap Bull 3X Shares by 1,239.4% during the 1st quarter. Flow Traders U.S. LLC now owns 206,126 shares of the exchange traded fund’s stock valued at $8,847,000 after buying an additional 190,736 shares during the period. Finally, Virtu Financial LLC purchased a new stake in shares of Direxion Daily Small Cap Bull 3X Shares during the 2nd quarter valued at about $3,059,000.

Direxion Daily Small Cap Bull 3X Shares Stock Performance

Shares of NYSEARCA:TNA opened at $42.84 on Thursday. The company has a market cap of $2.67 billion, a P/E ratio of 13.84 and a beta of 3.74. Direxion Daily Small Cap Bull 3X Shares has a one year low of $21.58 and a one year high of $51.14. The business’s 50-day simple moving average is $42.55 and its 200 day simple moving average is $39.80.

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.