Shares of Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA – Get Free Report) reached a new 52-week high during mid-day trading on Friday . The company traded as high as $43.15 and last traded at $42.69, with a volume of 6406740 shares changing hands. The stock had previously closed at $41.08.
Direxion Daily Small Cap Bull 3X Shares Price Performance
The stock has a market cap of $1.42 billion, a price-to-earnings ratio of 11.78 and a beta of 3.41. The firm has a fifty day moving average of $36.82 and a 200 day moving average of $32.50.
Institutional Trading of Direxion Daily Small Cap Bull 3X Shares
Hedge funds and other institutional investors have recently modified their holdings of the stock. Advisor Group Holdings Inc. grew its holdings in shares of Direxion Daily Small Cap Bull 3X Shares by 158.9% in the first quarter. Advisor Group Holdings Inc. now owns 5,030 shares of the exchange traded fund’s stock valued at $316,000 after purchasing an additional 3,087 shares during the period. Renaissance Technologies LLC purchased a new stake in shares of Direxion Daily Small Cap Bull 3X Shares in the 1st quarter valued at approximately $649,000. Quantbot Technologies LP acquired a new stake in shares of Direxion Daily Small Cap Bull 3X Shares during the 2nd quarter worth approximately $223,000. Jane Street Group LLC increased its holdings in shares of Direxion Daily Small Cap Bull 3X Shares by 128.5% during the 2nd quarter. Jane Street Group LLC now owns 176,016 shares of the exchange traded fund’s stock worth $5,773,000 after buying an additional 793,141 shares during the last quarter. Finally, Goldman Sachs Group Inc. raised its position in shares of Direxion Daily Small Cap Bull 3X Shares by 2.0% during the 2nd quarter. Goldman Sachs Group Inc. now owns 50,988 shares of the exchange traded fund’s stock valued at $1,672,000 after buying an additional 988 shares during the period.
About Direxion Daily Small Cap Bull 3X Shares
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.
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