Westwood Wealth Management Has $1.30 Million Holdings in Direxion Daily Small Cap Bull 3X Shares $TNA

Westwood Wealth Management lessened its stake in shares of Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA) by 32.0% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 28,805 shares of the exchange traded fund’s stock after selling 13,560 shares during the period. Direxion Daily Small Cap Bull 3X Shares accounts for 0.5% of Westwood Wealth Management’s holdings, making the stock its 23rd largest position. Westwood Wealth Management’s holdings in Direxion Daily Small Cap Bull 3X Shares were worth $1,303,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in TNA. Peregrine Investment Management Inc. acquired a new stake in shares of Direxion Daily Small Cap Bull 3X Shares in the 2nd quarter valued at $10,062,000. Flow Traders U.S. LLC grew its position in Direxion Daily Small Cap Bull 3X Shares by 282.7% during the 2nd quarter. Flow Traders U.S. LLC now owns 236,805 shares of the exchange traded fund’s stock worth $7,942,000 after acquiring an additional 174,934 shares during the last quarter. Elevatus Welath Management bought a new stake in Direxion Daily Small Cap Bull 3X Shares during the 2nd quarter worth approximately $6,801,000. Simplex Trading LLC increased its holdings in Direxion Daily Small Cap Bull 3X Shares by 219.5% during the 2nd quarter. Simplex Trading LLC now owns 140,768 shares of the exchange traded fund’s stock valued at $4,721,000 after purchasing an additional 96,716 shares in the last quarter. Finally, Ridgepath Capital Management LLC bought a new position in Direxion Daily Small Cap Bull 3X Shares in the 3rd quarter valued at $5,823,000.

Direxion Daily Small Cap Bull 3X Shares Stock Performance

Direxion Daily Small Cap Bull 3X Shares stock opened at $53.49 on Monday. The firm has a market cap of $1.93 billion, a P/E ratio of 17.29 and a beta of 3.42. The business’s fifty day moving average is $46.42 and its two-hundred day moving average is $42.98. Direxion Daily Small Cap Bull 3X Shares has a 52 week low of $18.01 and a 52 week high of $54.28.

Direxion Daily Small Cap Bull 3X Shares Company 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. It includes approximately 2,000 of the smallest securities based on a combination of their market cap and current index membership.