Royal Bank of Canada Buys 204,017 Shares of Direxion Daily Small Cap Bull 3X Shares $TNA

Royal Bank of Canada lifted its stake in Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA) by 1,020,085.0% during the 1st quarter, Holdings Channel reports. The institutional investor owned 204,037 shares of the exchange traded fund’s stock after purchasing an additional 204,017 shares during the quarter. Royal Bank of Canada’s holdings in Direxion Daily Small Cap Bull 3X Shares were worth $9,004,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Bank of America Corp DE increased its holdings in Direxion Daily Small Cap Bull 3X Shares by 402.3% in the 4th quarter. Bank of America Corp DE now owns 874 shares of the exchange traded fund’s stock worth $37,000 after acquiring an additional 700 shares in the last quarter. Integrated Wealth Concepts LLC boosted its position in shares of Direxion Daily Small Cap Bull 3X Shares by 11.6% in the first quarter. Integrated Wealth Concepts LLC now owns 8,241 shares of the exchange traded fund’s stock worth $241,000 after purchasing an additional 854 shares during the period. NewEdge Advisors LLC increased its stake in shares of Direxion Daily Small Cap Bull 3X Shares by 36.1% in the first quarter. NewEdge Advisors LLC now owns 12,365 shares of the exchange traded fund’s stock worth $362,000 after purchasing an additional 3,280 shares in the last quarter. Group One Trading LLC raised its position in shares of Direxion Daily Small Cap Bull 3X Shares by 402.6% during the 2nd quarter. Group One Trading LLC now owns 5,101 shares of the exchange traded fund’s stock valued at $171,000 after purchasing an additional 4,086 shares during the period. Finally, Modern Wealth Management LLC purchased a new position in shares of Direxion Daily Small Cap Bull 3X Shares during the 2nd quarter valued at $234,000.

Direxion Daily Small Cap Bull 3X Shares Stock Performance

Shares of Direxion Daily Small Cap Bull 3X Shares stock opened at $74.68 on Monday. Direxion Daily Small Cap Bull 3X Shares has a fifty-two week low of $34.66 and a fifty-two week high of $76.84. The company has a market capitalization of $1.46 billion, a P/E ratio of 17.29 and a beta of 3.31. The company has a fifty day moving average of $70.33 and a 200 day moving average of $60.21.

Direxion Daily Small Cap Bull 3X Shares 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.