Gainplan LLC Buys Shares of 77,000 Direxion Daily Small Cap Bull 3X Shares $TNA

Gainplan LLC bought a new stake in Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA) during the second quarter, Holdings Channel reports. The institutional investor bought 77,000 shares of the exchange traded fund’s stock, valued at approximately $5,783,000. Direxion Daily Small Cap Bull 3X Shares accounts for approximately 2.3% of Gainplan LLC’s holdings, making the stock its 8th biggest position.

Other hedge funds also recently bought and sold shares of the company. Bank of America Corp DE grew its position in Direxion Daily Small Cap Bull 3X Shares by 402.3% in the fourth 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 raised its holdings in shares of Direxion Daily Small Cap Bull 3X Shares by 11.6% during the 1st quarter. Integrated Wealth Concepts LLC now owns 8,241 shares of the exchange traded fund’s stock valued at $241,000 after purchasing an additional 854 shares in the last quarter. NewEdge Advisors LLC raised its holdings in shares of Direxion Daily Small Cap Bull 3X Shares by 36.1% during the 1st quarter. NewEdge Advisors LLC now owns 12,365 shares of the exchange traded fund’s stock valued at $362,000 after purchasing an additional 3,280 shares in the last quarter. Group One Trading LLC lifted its stake in shares of Direxion Daily Small Cap Bull 3X Shares by 402.6% in 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 last quarter. Finally, Modern Wealth Management LLC acquired a new stake in shares of Direxion Daily Small Cap Bull 3X Shares in the 2nd quarter valued at $234,000.

Direxion Daily Small Cap Bull 3X Shares Stock Performance

TNA opened at $73.50 on Thursday. The company has a market cap of $1.43 billion, a PE ratio of 17.29 and a beta of 3.31. The stock has a 50-day moving average of $70.16 and a 200-day moving average of $59.97. Direxion Daily Small Cap Bull 3X Shares has a 52-week low of $34.12 and a 52-week high of $76.84.

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.