Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA) Hits New 1-Year High – Here’s What Happened

Shares of Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $76.53 and last traded at $75.95, with a volume of 1504351 shares changing hands. The stock had previously closed at $75.11.

Direxion Daily Small Cap Bull 3X Shares Stock Up 1.5%

The stock has a 50-day moving average of $65.99 and a 200 day moving average of $56.15. The company has a market capitalization of $1.86 billion, a PE ratio of 17.29 and a beta of 3.32.

Institutional Investors Weigh In On Direxion Daily Small Cap Bull 3X Shares

Several large investors have recently made changes to their positions in TNA. Ellis Investment Partners LLC boosted its holdings in shares of Direxion Daily Small Cap Bull 3X Shares by 1.3% in the 4th quarter. Ellis Investment Partners LLC now owns 15,633 shares of the exchange traded fund’s stock worth $712,000 after buying an additional 205 shares during the last quarter. Orion Porfolio Solutions LLC increased its holdings in Direxion Daily Small Cap Bull 3X Shares by 2.1% during the second quarter. Orion Porfolio Solutions LLC now owns 16,282 shares of the exchange traded fund’s stock worth $546,000 after buying an additional 328 shares during the last quarter. Parallel Advisors LLC raised its position in Direxion Daily Small Cap Bull 3X Shares by 147.5% in the fourth quarter. Parallel Advisors LLC now owns 755 shares of the exchange traded fund’s stock worth $34,000 after acquiring an additional 450 shares during the period. Northwestern Mutual Wealth Management Co. raised its position in Direxion Daily Small Cap Bull 3X Shares by 5,290.9% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 593 shares of the exchange traded fund’s stock worth $27,000 after acquiring an additional 582 shares during the period. Finally, Crosspoint Financial LLC raised its position in Direxion Daily Small Cap Bull 3X Shares by 11.1% in the fourth quarter. Crosspoint Financial LLC now owns 6,019 shares of the exchange traded fund’s stock worth $274,000 after acquiring an additional 601 shares during the period.

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.