Surience Private Wealth LLC Acquires New Position in Direxion Daily Small Cap Bull 3X ETF $TNA

Surience Private Wealth LLC bought a new position in Direxion Daily Small Cap Bull 3X ETF (NYSEARCA:TNA) during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 15,815 shares of the exchange traded fund’s stock, valued at approximately $913,000. Direxion Daily Small Cap Bull 3X ETF makes up about 0.9% of Surience Private Wealth LLC’s investment portfolio, making the stock its 26th biggest position.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Royal Bank of Canada lifted its stake in Direxion Daily Small Cap Bull 3X ETF by 1,020,085.0% during the first quarter. Royal Bank of Canada now owns 204,037 shares of the exchange traded fund’s stock valued at $9,004,000 after purchasing an additional 204,017 shares during the last quarter. Gainplan LLC acquired a new position in Direxion Daily Small Cap Bull 3X ETF in the second quarter worth approximately $5,783,000. Icon Advisers Inc. Co. grew its position in Direxion Daily Small Cap Bull 3X ETF by 1.5% in the first quarter. Icon Advisers Inc. Co. now owns 86,800 shares of the exchange traded fund’s stock worth $3,830,000 after buying an additional 1,250 shares during the last quarter. Momentum Wealth Planning LLC bought a new position in shares of Direxion Daily Small Cap Bull 3X ETF in the first quarter valued at $2,616,000. Finally, IMC Chicago LLC bought a new position in shares of Direxion Daily Small Cap Bull 3X ETF in the first quarter valued at $1,714,000.

Direxion Daily Small Cap Bull 3X ETF Price Performance

Shares of NYSEARCA:TNA traded down $2.80 on Friday, reaching $52.71. 7,009,598 shares of the company traded hands, compared to its average volume of 7,577,690. Direxion Daily Small Cap Bull 3X ETF has a fifty-two week low of $37.03 and a fifty-two week high of $77.24. The company’s 50 day moving average is $65.32 and its 200-day moving average is $65.04. The stock has a market capitalization of $1.21 billion, a PE ratio of 17.29 and a beta of 3.37.

Direxion Daily Small Cap Bull 3X ETF 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.