FNY Investment Advisers LLC Acquires 29,400 Shares of Direxion Daily Small Cap Bull 3X Shares $TNA

FNY Investment Advisers LLC lifted its holdings in shares of Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA) by 4,900.0% during the 3rd quarter, Holdings Channel.com reports. The firm owned 30,000 shares of the exchange traded fund’s stock after buying an additional 29,400 shares during the quarter. FNY Investment Advisers LLC’s holdings in Direxion Daily Small Cap Bull 3X Shares were worth $1,357,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Farther Finance Advisors LLC increased its holdings in shares of Direxion Daily Small Cap Bull 3X Shares by 906.8% in the third quarter. Farther Finance Advisors LLC now owns 735 shares of the exchange traded fund’s stock worth $33,000 after buying an additional 662 shares during the period. Bank of America Corp DE boosted its holdings in Direxion Daily Small Cap Bull 3X Shares by 402.3% during the 4th quarter. Bank of America Corp DE now owns 874 shares of the exchange traded fund’s stock valued at $37,000 after acquiring an additional 700 shares during the period. CWM LLC bought a new position in Direxion Daily Small Cap Bull 3X Shares during the 3rd quarter worth approximately $40,000. Manchester Capital Management LLC bought a new position in Direxion Daily Small Cap Bull 3X Shares during the 2nd quarter worth approximately $50,000. Finally, Hollencrest Capital Management increased its stake in Direxion Daily Small Cap Bull 3X Shares by 17.3% in the 2nd quarter. Hollencrest Capital Management now owns 2,095 shares of the exchange traded fund’s stock worth $70,000 after purchasing an additional 309 shares during the period.

Direxion Daily Small Cap Bull 3X Shares Stock Performance

NYSEARCA:TNA opened at $43.71 on Thursday. The firm has a market cap of $1.32 billion, a PE ratio of 17.29 and a beta of 3.42. 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 business has a 50 day moving average price of $52.92 and a 200-day moving average price of $48.32.

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