Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA) Shares Sold by Physician Wealth Advisors Inc.

Physician Wealth Advisors Inc. reduced its position in shares of Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA) by 5.0% in the 1st quarter, Holdings Channel.com reports. The firm owned 45,922 shares of the exchange traded fund’s stock after selling 2,407 shares during the quarter. Physician Wealth Advisors Inc.’s holdings in Direxion Daily Small Cap Bull 3X Shares were worth $1,971,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Headlands Technologies LLC acquired a new stake in Direxion Daily Small Cap Bull 3X Shares during the fourth quarter worth about $79,000. Optimum Investment Advisors boosted its stake in Direxion Daily Small Cap Bull 3X Shares by 36.4% during the fourth quarter. Optimum Investment Advisors now owns 3,000 shares of the exchange traded fund’s stock worth $118,000 after buying an additional 800 shares during the period. Larson Financial Group LLC purchased a new position in Direxion Daily Small Cap Bull 3X Shares during the fourth quarter worth about $122,000. Ellis Investment Partners LLC purchased a new position in Direxion Daily Small Cap Bull 3X Shares during the fourth quarter worth about $354,000. Finally, Johnson Investment Counsel Inc. purchased a new position in Direxion Daily Small Cap Bull 3X Shares during the fourth quarter worth about $428,000.

Direxion Daily Small Cap Bull 3X Shares Stock Up 1.0 %

TNA stock traded up $0.37 during mid-day trading on Friday, hitting $36.67. 24,353,665 shares of the company were exchanged, compared to its average volume of 18,831,582. The firm has a market capitalization of $2.29 billion, a P/E ratio of 13.84 and a beta of 3.74. The business has a fifty day simple moving average of $37.13 and a 200-day simple moving average of $37.53. Direxion Daily Small Cap Bull 3X Shares has a 12-month low of $21.58 and a 12-month high of $43.84.

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.