Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA) Shares Sold by TB Alternative Assets Ltd.

TB Alternative Assets Ltd. trimmed its holdings in shares of Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA) by 81.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 71,505 shares of the exchange traded fund’s stock after selling 312,713 shares during the quarter. Direxion Daily Small Cap Bull 3X Shares makes up approximately 0.8% of TB Alternative Assets Ltd.’s investment portfolio, making the stock its 25th largest position. TB Alternative Assets Ltd.’s holdings in Direxion Daily Small Cap Bull 3X Shares were worth $2,995,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in Direxion Daily Small Cap Bull 3X Shares during the 4th quarter worth approximately $814,000. FNY Investment Advisers LLC boosted its stake in shares of Direxion Daily Small Cap Bull 3X Shares by 224.4% in the fourth quarter. FNY Investment Advisers LLC now owns 42,500 shares of the exchange traded fund’s stock worth $1,779,000 after acquiring an additional 29,400 shares during the last quarter. ORG Wealth Partners LLC increased its position in shares of Direxion Daily Small Cap Bull 3X Shares by 26.1% during the fourth quarter. ORG Wealth Partners LLC now owns 2,400 shares of the exchange traded fund’s stock worth $101,000 after purchasing an additional 496 shares in the last quarter. Watts Gwilliam & Co. LLC raised its stake in Direxion Daily Small Cap Bull 3X Shares by 8.9% in the 4th quarter. Watts Gwilliam & Co. LLC now owns 25,712 shares of the exchange traded fund’s stock valued at $1,100,000 after purchasing an additional 2,110 shares during the last quarter. Finally, JPMorgan Chase & Co. purchased a new position in Direxion Daily Small Cap Bull 3X Shares in the 3rd quarter valued at $1,564,000.

Direxion Daily Small Cap Bull 3X Shares Stock Up 1.1 %

Shares of TNA opened at $44.01 on Tuesday. Direxion Daily Small Cap Bull 3X Shares has a 52-week low of $31.84 and a 52-week high of $58.00. The stock has a market cap of $2.75 billion, a PE ratio of 13.84 and a beta of 3.74. The firm’s fifty day moving average is $47.59 and its two-hundred day moving average is $44.51.

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.