Encompass More Asset Management Takes Position in Direxion Daily Small Cap Bear 3X Shares (NYSEARCA:TZA)

Encompass More Asset Management acquired a new stake in Direxion Daily Small Cap Bear 3X Shares (NYSEARCA:TZA) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 70,396 shares of the exchange traded fund’s stock, valued at approximately $950,000.

Other large investors have also made changes to their positions in the company. DRW Securities LLC purchased a new stake in shares of Direxion Daily Small Cap Bear 3X Shares in the third quarter worth about $231,000. IMC Chicago LLC lifted its position in shares of Direxion Daily Small Cap Bear 3X Shares by 447.2% in the third quarter. IMC Chicago LLC now owns 196,300 shares of the exchange traded fund’s stock worth $2,650,000 after buying an additional 160,425 shares in the last quarter. Virtu Financial LLC lifted its position in shares of Direxion Daily Small Cap Bear 3X Shares by 51.5% in the second quarter. Virtu Financial LLC now owns 376,167 shares of the exchange traded fund’s stock worth $6,982,000 after buying an additional 127,940 shares in the last quarter. Choreo LLC lifted its position in shares of Direxion Daily Small Cap Bear 3X Shares by 132.4% in the second 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 in the last quarter. Finally, Jane Street Group LLC lifted its position in shares of Direxion Daily Small Cap Bear 3X Shares by 5,734.5% in the first quarter. Jane Street Group LLC now owns 801,718 shares of the exchange traded fund’s stock worth $13,461,000 after buying an additional 787,977 shares in the last quarter.

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

NYSEARCA:TZA opened at $10.08 on Friday. Direxion Daily Small Cap Bear 3X Shares has a 12 month low of $9.66 and a 12 month high of $29.46. The business’s 50-day moving average is $12.67 and its 200 day moving average is $15.33.

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.