Royal Bank of Canada Increases Holdings in Direxion Daily Small Cap Bull 3X Shares $TNA

Royal Bank of Canada lifted its position in Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA) by 1,020,085.0% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 204,037 shares of the exchange traded fund’s stock after buying an additional 204,017 shares during the period. Royal Bank of Canada owned approximately 0.83% of Direxion Daily Small Cap Bull 3X Shares worth $9,004,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently modified their holdings of the company. Crosspoint Financial LLC lifted its holdings in Direxion Daily Small Cap Bull 3X Shares by 62.3% in the first quarter. Crosspoint Financial LLC now owns 9,769 shares of the exchange traded fund’s stock valued at $431,000 after acquiring an additional 3,750 shares during the period. Icon Advisers Inc. Co. increased its position in shares of Direxion Daily Small Cap Bull 3X Shares by 1.5% during the 1st quarter. Icon Advisers Inc. Co. now owns 86,800 shares of the exchange traded fund’s stock valued at $3,830,000 after purchasing an additional 1,250 shares during the last quarter. Momentum Wealth Planning LLC purchased a new stake in shares of Direxion Daily Small Cap Bull 3X Shares during the 1st quarter valued at about $2,616,000. IMC Chicago LLC bought a new position in shares of Direxion Daily Small Cap Bull 3X Shares in the 1st quarter worth approximately $1,714,000. Finally, Viewpoint Capital Management LLC lifted its stake in shares of Direxion Daily Small Cap Bull 3X Shares by 7.8% in the 1st quarter. Viewpoint Capital Management LLC now owns 27,800 shares of the exchange traded fund’s stock worth $1,227,000 after purchasing an additional 2,000 shares during the period.

Direxion Daily Small Cap Bull 3X Shares Stock Performance

TNA opened at $74.68 on Monday. The company’s 50 day moving average is $70.33 and its 200 day moving average is $60.21. The company has a market cap of $1.46 billion, a price-to-earnings ratio of 17.29 and a beta of 3.31. Direxion Daily Small Cap Bull 3X Shares has a 12-month low of $34.66 and a 12-month high of $76.84.

Direxion Daily Small Cap Bull 3X Shares Company 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.