Larson Financial Group LLC Makes New $122,000 Investment in Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA)

Larson Financial Group LLC purchased a new position in Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 3,097 shares of the exchange traded fund’s stock, valued at approximately $122,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in TNA. Optimum Investment Advisors raised its holdings in shares of Direxion Daily Small Cap Bull 3X Shares by 36.4% in the fourth quarter. Optimum Investment Advisors now owns 3,000 shares of the exchange traded fund’s stock worth $118,000 after buying an additional 800 shares during the last quarter. ORG Partners LLC purchased a new position in shares of Direxion Daily Small Cap Bull 3X Shares during the third quarter worth $124,000. Ellis Investment Partners LLC purchased a new position in shares of Direxion Daily Small Cap Bull 3X Shares during the fourth quarter worth $354,000. Americana Partners LLC purchased a new position in shares of Direxion Daily Small Cap Bull 3X Shares during the fourth quarter worth $454,000. Finally, Capital Investment Counsel Inc raised its holdings in shares of Direxion Daily Small Cap Bull 3X Shares by 64.5% during the third quarter. Capital Investment Counsel Inc now owns 17,350 shares of the exchange traded fund’s stock worth $499,000 after purchasing an additional 6,800 shares during the last quarter.

Direxion Daily Small Cap Bull 3X Shares Price Performance

Shares of Direxion Daily Small Cap Bull 3X Shares stock opened at $34.38 on Friday. The firm has a fifty day moving average price of $38.40 and a 200 day moving average price of $34.14. Direxion Daily Small Cap Bull 3X Shares has a 1 year low of $21.58 and a 1 year high of $43.84. The stock has a market cap of $2.08 billion, a PE ratio of 14.02 and a beta of 3.74.

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.