Hartford Financial Management Inc. reduced its stake in Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA – Free Report) by 18.2% during the 4th quarter, Holdings Channel reports. The fund owned 2,250 shares of the exchange traded fund’s stock after selling 500 shares during the period. Hartford Financial Management Inc.’s holdings in Direxion Daily Small Cap Bull 3X Shares were worth $94,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds have also recently bought and sold shares of the stock. Farther Finance Advisors LLC raised its stake in Direxion Daily Small Cap Bull 3X Shares by 1,363.4% in the 3rd quarter. Farther Finance Advisors LLC now owns 600 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 559 shares in the last quarter. ORG Wealth Partners LLC acquired a new stake in shares of Direxion Daily Small Cap Bull 3X Shares in the third quarter valued at approximately $84,000. Covestor Ltd boosted its stake in shares of Direxion Daily Small Cap Bull 3X Shares by 79.4% in the third quarter. Covestor Ltd now owns 4,028 shares of the exchange traded fund’s stock valued at $179,000 after buying an additional 1,783 shares during the period. Dynamic Advisor Solutions LLC acquired a new stake in Direxion Daily Small Cap Bull 3X Shares during the third quarter worth approximately $216,000. Finally, EP Wealth Advisors LLC bought a new position in Direxion Daily Small Cap Bull 3X Shares during the 3rd quarter worth $222,000.
Direxion Daily Small Cap Bull 3X Shares Stock Performance
TNA opened at $45.62 on Friday. The firm has a market cap of $2.85 billion, a P/E ratio of 13.84 and a beta of 3.74. The business’s fifty day moving average is $46.89 and its 200-day moving average is $44.84. Direxion Daily Small Cap Bull 3X Shares has a 52-week low of $31.84 and a 52-week high of $58.00.
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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Want to see what other hedge funds are holding TNA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA – Free Report).
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