Ashton Thomas Private Wealth LLC Lowers Stock Holdings in Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA)

Ashton Thomas Private Wealth LLC lowered its holdings in Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA) by 48.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 85,699 shares of the exchange traded fund’s stock after selling 81,738 shares during the period. Ashton Thomas Private Wealth LLC owned 0.14% of Direxion Daily Small Cap Bull 3X Shares worth $3,800,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in TNA. Baker Avenue Asset Management LP grew its position in Direxion Daily Small Cap Bull 3X Shares by 131.6% during the third quarter. Baker Avenue Asset Management LP now owns 55,000 shares of the exchange traded fund’s stock valued at $2,439,000 after acquiring an additional 31,250 shares during the period. Covestor Ltd grew its position in Direxion Daily Small Cap Bull 3X Shares by 79.4% during the third quarter. Covestor Ltd now owns 4,028 shares of the exchange traded fund’s stock valued at $179,000 after acquiring an additional 1,783 shares during the period. Hollencrest Capital Management boosted its position in shares of Direxion Daily Small Cap Bull 3X Shares by 5,277.3% in the third quarter. Hollencrest Capital Management now owns 482,773 shares of the exchange traded fund’s stock worth $21,406,000 after buying an additional 473,795 shares during the period. Campbell Capital Management Inc. purchased a new stake in shares of Direxion Daily Small Cap Bull 3X Shares in the third quarter worth about $310,000. Finally, Farther Finance Advisors LLC boosted its position in shares of Direxion Daily Small Cap Bull 3X Shares by 1,363.4% in the third quarter. Farther Finance Advisors LLC now owns 600 shares of the exchange traded fund’s stock worth $27,000 after buying an additional 559 shares during the period.

Direxion Daily Small Cap Bull 3X Shares Price Performance

Shares of NYSEARCA TNA opened at $55.41 on Tuesday. Direxion Daily Small Cap Bull 3X Shares has a 1-year low of $23.71 and a 1-year high of $56.77. The business has a 50-day moving average of $43.66 and a 200-day moving average of $40.87. The company has a market capitalization of $3.46 billion, a price-to-earnings ratio of 13.84 and a beta of 3.74.

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.