Virtu Financial LLC Sells 43,964 Shares of Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA)

Virtu Financial LLC reduced its position in shares of Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA) by 69.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 19,108 shares of the exchange traded fund’s stock after selling 43,964 shares during the period. Virtu Financial LLC’s holdings in Direxion Daily Small Cap Bull 3X Shares were worth $800,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. BNP Paribas Financial Markets bought a new stake in Direxion Daily Small Cap Bull 3X Shares during the third quarter worth $372,000. Townsquare Capital LLC raised its stake in shares of Direxion Daily Small Cap Bull 3X Shares by 37.5% during the 3rd quarter. Townsquare Capital LLC now owns 61,932 shares of the exchange traded fund’s stock worth $2,746,000 after purchasing an additional 16,903 shares during the period. Symmetry Peak Management LLC purchased a new position in shares of Direxion Daily Small Cap Bull 3X Shares in the 3rd quarter worth about $292,000. Vienna Asset Management LLC bought a new position in Direxion Daily Small Cap Bull 3X Shares during the third quarter valued at about $333,000. Finally, EP Wealth Advisors LLC purchased a new stake in Direxion Daily Small Cap Bull 3X Shares during the third quarter worth about $222,000.

Direxion Daily Small Cap Bull 3X Shares Stock Up 7.5 %

TNA opened at $33.81 on Tuesday. Direxion Daily Small Cap Bull 3X Shares has a twelve month low of $28.40 and a twelve month high of $58.00. The company’s 50-day moving average price is $39.49 and its two-hundred day moving average price is $43.68. The stock has a market cap of $1.86 billion, a price-to-earnings ratio of 15.03 and a beta of 3.52.

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.