Hartford Financial Management Inc. Has $94,000 Stake in Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA)

Hartford Financial Management Inc. reduced its stake in shares of Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA) by 18.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,250 shares of the exchange traded fund’s stock after selling 500 shares during the quarter. Hartford Financial Management Inc.’s holdings in Direxion Daily Small Cap Bull 3X Shares were worth $94,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of TNA. Novare Capital Management LLC acquired a new stake in Direxion Daily Small Cap Bull 3X Shares during the 4th quarter worth $314,000. McGuire Investment Group LLC raised its position in shares of Direxion Daily Small Cap Bull 3X Shares by 15.4% during the fourth quarter. McGuire Investment Group LLC now owns 10,475 shares of the exchange traded fund’s stock worth $439,000 after purchasing an additional 1,400 shares during the period. Traynor Capital Management Inc. lifted its holdings in shares of Direxion Daily Small Cap Bull 3X Shares by 9.5% during the 4th quarter. Traynor Capital Management Inc. now owns 93,218 shares of the exchange traded fund’s stock valued at $3,904,000 after purchasing an additional 8,061 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Direxion Daily Small Cap Bull 3X Shares in the 4th quarter valued at approximately $814,000. Finally, FNY Investment Advisers LLC increased its stake in Direxion Daily Small Cap Bull 3X Shares by 224.4% during the 4th quarter. FNY Investment Advisers LLC now owns 42,500 shares of the exchange traded fund’s stock worth $1,779,000 after purchasing an additional 29,400 shares in the last quarter.

Direxion Daily Small Cap Bull 3X Shares Price Performance

Shares of Direxion Daily Small Cap Bull 3X Shares stock opened at $45.62 on Friday. The stock’s 50-day moving average is $46.89 and its 200-day moving average is $44.84. The firm has a market cap of $2.85 billion, a price-to-earnings ratio of 13.84 and a beta of 3.74. Direxion Daily Small Cap Bull 3X Shares has a one year low of $31.84 and a one year 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.