RBF Capital LLC Takes $683,000 Position in Direxion Daily Small Cap Bull 3X Shares $TNA

RBF Capital LLC purchased a new stake in shares of Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 15,000 shares of the exchange traded fund’s stock, valued at approximately $683,000.

Other institutional investors have also recently made changes to their positions in the company. Spire Wealth Management lifted its stake in shares of Direxion Daily Small Cap Bull 3X Shares by 2,585.3% in the 4th quarter. Spire Wealth Management now owns 53,492 shares of the exchange traded fund’s stock worth $2,436,000 after purchasing an additional 51,500 shares during the period. Axxcess Wealth Management LLC bought a new position in shares of Direxion Daily Small Cap Bull 3X Shares in the 3rd quarter worth approximately $5,823,000. JPMorgan Chase & Co. bought a new position in shares of Direxion Daily Small Cap Bull 3X Shares in the 3rd quarter worth approximately $510,000. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Direxion Daily Small Cap Bull 3X Shares by 7,906,690.9% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 869,747 shares of the exchange traded fund’s stock worth $39,608,000 after purchasing an additional 869,736 shares during the period. Finally, Great Hill Capital LLC bought a new position in shares of Direxion Daily Small Cap Bull 3X Shares in the 3rd quarter worth approximately $1,195,000.

Direxion Daily Small Cap Bull 3X Shares Stock Down 2.6%

Shares of NYSEARCA:TNA opened at $69.53 on Wednesday. The firm’s 50 day moving average price is $62.07 and its 200-day moving average price is $54.39. Direxion Daily Small Cap Bull 3X Shares has a twelve month low of $29.76 and a twelve month high of $73.69. The stock has a market capitalization of $1.70 billion, a PE ratio of 17.29 and a beta of 3.32.

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.