128,722 Shares in Direxion Daily Small Cap Bull 3X Shares $TNA Acquired by Ridgepath Capital Management LLC

Ridgepath Capital Management LLC bought a new position in shares of Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 128,722 shares of the exchange traded fund’s stock, valued at approximately $5,823,000. Direxion Daily Small Cap Bull 3X Shares makes up about 2.5% of Ridgepath Capital Management LLC’s holdings, making the stock its 10th biggest position.

Other institutional investors have also recently modified their holdings of the company. Osaic Holdings Inc. raised its stake in Direxion Daily Small Cap Bull 3X Shares by 5,720.0% in the second quarter. Osaic Holdings Inc. now owns 2,328 shares of the exchange traded fund’s stock valued at $78,000 after purchasing an additional 2,288 shares in the last quarter. Orion Porfolio Solutions LLC raised its position in shares of Direxion Daily Small Cap Bull 3X Shares by 2.1% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 16,282 shares of the exchange traded fund’s stock valued at $546,000 after buying an additional 328 shares in the last quarter. Hollencrest Capital Management raised its position in shares of Direxion Daily Small Cap Bull 3X Shares by 17.3% in the 2nd quarter. Hollencrest Capital Management now owns 2,095 shares of the exchange traded fund’s stock valued at $70,000 after buying an additional 309 shares in the last quarter. 1248 Management LLC lifted its holdings in shares of Direxion Daily Small Cap Bull 3X Shares by 11.5% during the 2nd quarter. 1248 Management LLC now owns 2,900 shares of the exchange traded fund’s stock worth $98,000 after acquiring an additional 300 shares during the period. Finally, Tower Research Capital LLC TRC boosted its position in shares of Direxion Daily Small Cap Bull 3X Shares by 131.9% during the 2nd quarter. Tower Research Capital LLC TRC now owns 121,176 shares of the exchange traded fund’s stock worth $4,064,000 after acquiring an additional 68,916 shares in the last quarter.

Direxion Daily Small Cap Bull 3X Shares Stock Performance

Shares of TNA stock opened at $48.33 on Friday. Direxion Daily Small Cap Bull 3X Shares has a fifty-two week low of $18.01 and a fifty-two week high of $52.42. The stock’s fifty day moving average price is $45.91 and its two-hundred day moving average price is $41.00. The company has a market cap of $2.12 billion, a PE ratio of 17.29 and a beta of 3.42.

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. It includes approximately 2,000 of the smallest securities based on a combination of their market cap and current index membership.