Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA) Trading Down 11.8%

Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNAGet Rating) dropped 11.8% during trading on Thursday . The company traded as low as $30.34 and last traded at $30.58. Approximately 263,072 shares were traded during trading, a decline of 98% from the average daily volume of 12,154,317 shares. The stock had previously closed at $34.67.

The business’s 50-day moving average price is $45.75 and its 200-day moving average price is $60.56.

Several institutional investors and hedge funds have recently bought and sold shares of TNA. Bank of America Corp DE increased its holdings in Direxion Daily Small Cap Bull 3X Shares by 9,150.0% in the 2nd quarter. Bank of America Corp DE now owns 6,845 shares of the exchange traded fund’s stock worth $670,000 after acquiring an additional 6,771 shares in the last quarter. Hsbc Holdings PLC purchased a new stake in shares of Direxion Daily Small Cap Bull 3X Shares in the third quarter valued at about $518,000. Two Sigma Securities LLC acquired a new position in Direxion Daily Small Cap Bull 3X Shares in the third quarter valued at about $810,000. Spire Wealth Management lifted its position in Direxion Daily Small Cap Bull 3X Shares by 4.8% in the fourth quarter. Spire Wealth Management now owns 24,662 shares of the exchange traded fund’s stock valued at $2,090,000 after buying an additional 1,137 shares during the last quarter. Finally, Ahrens Investment Partners LLC acquired a new position in Direxion Daily Small Cap Bull 3X Shares in the fourth quarter valued at about $40,000.

Direxion Daily Small Cap Bull 3X Shares Company Profile (NYSEARCA:TNA)

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.

Featured Stories

Want More Great Investing Ideas?

Receive News & Ratings for Direxion Daily Small Cap Bull 3X Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Direxion Daily Small Cap Bull 3X Shares and related companies with MarketBeat.com's FREE daily email newsletter.