Virtu Financial LLC Makes New $3.06 Million Investment in Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA)

Virtu Financial LLC purchased a new stake in shares of Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 83,418 shares of the exchange traded fund’s stock, valued at approximately $3,059,000.

Several other large investors have also recently modified their holdings of the stock. ORG Partners LLC bought a new position in Direxion Daily Small Cap Bull 3X Shares in the 2nd quarter valued at approximately $68,000. Covestor Ltd lifted its holdings in shares of Direxion Daily Small Cap Bull 3X Shares by 28.2% during the first quarter. Covestor Ltd now owns 3,012 shares of the exchange traded fund’s stock valued at $129,000 after purchasing an additional 663 shares in the last quarter. LifeGuide Financial Advisors LLC boosted 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 valued at $303,000 after buying an additional 733 shares during the last quarter. U.S. Capital Wealth Advisors LLC bought a new stake in Direxion Daily Small Cap Bull 3X Shares in the 2nd quarter worth about $305,000. Finally, Southern Capital Advisors LLC purchased a new position in Direxion Daily Small Cap Bull 3X Shares in the 1st quarter worth about $411,000.

Direxion Daily Small Cap Bull 3X Shares Stock Performance

TNA opened at $42.29 on Tuesday. The company’s 50-day simple moving average is $41.56 and its two-hundred day simple moving average is $39.10. Direxion Daily Small Cap Bull 3X Shares has a 52-week low of $21.58 and a 52-week high of $51.14. The stock has a market capitalization of $2.64 billion, a P/E ratio of 13.84 and a beta of 3.74.

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.