Virtu Financial LLC Boosts Stock Holdings in Direxion Daily Small Cap Bear 3X Shares (NYSEARCA:TZA)

Virtu Financial LLC raised its position in shares of Direxion Daily Small Cap Bear 3X Shares (NYSEARCA:TZA) by 51.5% in the second quarter, Holdings Channel.com reports. The fund owned 376,167 shares of the exchange traded fund’s stock after buying an additional 127,940 shares during the quarter. Direxion Daily Small Cap Bear 3X Shares comprises approximately 0.5% of Virtu Financial LLC’s holdings, making the stock its 27th largest position. Virtu Financial LLC’s holdings in Direxion Daily Small Cap Bear 3X Shares were worth $6,982,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently modified their holdings of the stock. Jane Street Group LLC raised its stake in shares of Direxion Daily Small Cap Bear 3X Shares by 5,734.5% during the first quarter. Jane Street Group LLC now owns 801,718 shares of the exchange traded fund’s stock valued at $13,461,000 after purchasing an additional 787,977 shares during the period. Optimum Investment Advisors acquired a new stake in Direxion Daily Small Cap Bear 3X Shares during the 1st quarter valued at $40,000. Headlands Technologies LLC grew its holdings in Direxion Daily Small Cap Bear 3X Shares by 28.7% during the 1st quarter. Headlands Technologies LLC now owns 12,940 shares of the exchange traded fund’s stock valued at $217,000 after purchasing an additional 2,884 shares in the last quarter. Choreo LLC increased its stake in Direxion Daily Small Cap Bear 3X Shares by 132.4% during the 2nd quarter. Choreo LLC now owns 123,897 shares of the exchange traded fund’s stock worth $2,354,000 after buying an additional 70,585 shares during the period. Finally, IMC Chicago LLC lifted its holdings in Direxion Daily Small Cap Bear 3X Shares by 1,098.4% in the 1st quarter. IMC Chicago LLC now owns 752,442 shares of the exchange traded fund’s stock worth $12,634,000 after buying an additional 689,657 shares in the last quarter.

Direxion Daily Small Cap Bear 3X Shares Stock Down 1.0 %

Shares of NYSEARCA TZA opened at $14.39 on Tuesday. Direxion Daily Small Cap Bear 3X Shares has a 1 year low of $12.70 and a 1 year high of $40.22. The stock’s 50-day simple moving average is $15.42 and its 200-day simple moving average is $17.59.

Direxion Daily Small Cap Bear 3X Shares Profile

Direxion Daily Small Cap Bear 3X Shares (the Fund) seeks daily investment results of 300% of the inverse (or opposite) 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.