SBI Securities Co. Ltd. Buys 13,898 Shares of Direxion Daily Small Cap Bear 3X Shares $TZA

SBI Securities Co. Ltd. increased its stake in Direxion Daily Small Cap Bear 3X Shares (NYSEARCA:TZA) by 171.0% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 22,024 shares of the exchange traded fund’s stock after acquiring an additional 13,898 shares during the period. SBI Securities Co. Ltd. owned about 0.08% of Direxion Daily Small Cap Bear 3X Shares worth $261,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Choreo LLC lifted its stake in Direxion Daily Small Cap Bear 3X Shares by 301.4% during the first quarter. Choreo LLC now owns 298,751 shares of the exchange traded fund’s stock worth $5,121,000 after purchasing an additional 224,333 shares during the last quarter. Jump Financial LLC raised its holdings in shares of Direxion Daily Small Cap Bear 3X Shares by 14.5% during the 1st quarter. Jump Financial LLC now owns 83,827 shares of the exchange traded fund’s stock valued at $1,428,000 after buying an additional 10,637 shares in the last quarter. Flow Traders U.S. LLC bought a new stake in Direxion Daily Small Cap Bear 3X Shares in the 1st quarter worth approximately $1,357,000. Belvedere Trading LLC purchased a new stake in Direxion Daily Small Cap Bear 3X Shares in the second quarter worth approximately $341,000. Finally, XTX Topco Ltd boosted its stake in Direxion Daily Small Cap Bear 3X Shares by 117.7% in the first quarter. XTX Topco Ltd now owns 25,416 shares of the exchange traded fund’s stock worth $433,000 after buying an additional 13,742 shares in the last quarter.

Direxion Daily Small Cap Bear 3X Shares Trading Down 0.7%

Shares of NYSEARCA TZA opened at $8.57 on Friday. Direxion Daily Small Cap Bear 3X Shares has a one year low of $7.14 and a one year high of $25.70. The firm’s 50 day simple moving average is $8.07 and its two-hundred day simple moving average is $10.56.

About Direxion Daily Small Cap Bear 3X Shares

Direxion Daily Small Cap Bear 3X Shares (the Fund) seeks daily investment results of 300% of the inverse (or opposite) 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.