Blue Sky Capital Consultants Group Inc. Invests $1.22 Million in Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA)

Blue Sky Capital Consultants Group Inc. acquired a new stake in shares of Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA) during the fourth quarter, HoldingsChannel.com reports. The fund acquired 29,187 shares of the exchange traded fund’s stock, valued at approximately $1,222,000.

Other institutional investors have also made changes to their positions in the company. Bank of America Corp DE raised its position in shares of Direxion Daily Small Cap Bull 3X Shares by 402.3% in the fourth quarter. Bank of America Corp DE now owns 874 shares of the exchange traded fund’s stock valued at $37,000 after purchasing an additional 700 shares during the period. Bernard Wealth Management Corp. acquired a new position in Direxion Daily Small Cap Bull 3X Shares in the 4th quarter valued at $38,000. Farther Finance Advisors LLC grew its stake in Direxion Daily Small Cap Bull 3X Shares by 154.2% in the 4th quarter. Farther Finance Advisors LLC now owns 1,525 shares of the exchange traded fund’s stock valued at $64,000 after buying an additional 925 shares during the last quarter. Signaturefd LLC bought a new position in Direxion Daily Small Cap Bull 3X Shares in the 4th quarter worth $210,000. Finally, Belpointe Asset Management LLC acquired a new position in Direxion Daily Small Cap Bull 3X Shares during the 4th quarter worth $242,000.

Direxion Daily Small Cap Bull 3X Shares Stock Performance

Shares of NYSEARCA:TNA opened at $28.11 on Friday. The stock’s 50-day moving average is $26.77 and its 200-day moving average is $38.37. The company has a market cap of $1.88 billion, a P/E ratio of 17.29 and a beta of 3.37. Direxion Daily Small Cap Bull 3X Shares has a 52-week low of $18.01 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.