Capital Investment Counsel Inc Sells 9,000 Shares of Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA)

Capital Investment Counsel Inc lessened its holdings in shares of Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA) by 59.1% during the 4th quarter, Holdings Channel.com reports. The fund owned 6,220 shares of the exchange traded fund’s stock after selling 9,000 shares during the period. Capital Investment Counsel Inc’s holdings in Direxion Daily Small Cap Bull 3X Shares were worth $260,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC lifted its position in shares of Direxion Daily Small Cap Bull 3X Shares by 1,363.4% in the third quarter. Farther Finance Advisors LLC now owns 600 shares of the exchange traded fund’s stock worth $27,000 after buying an additional 559 shares during the last quarter. ORG Wealth Partners LLC raised its stake in shares of Direxion Daily Small Cap Bull 3X Shares by 26.1% in the 4th quarter. ORG Wealth Partners LLC now owns 2,400 shares of the exchange traded fund’s stock valued at $101,000 after acquiring an additional 496 shares in the last quarter. Hartford Financial Management Inc. raised its stake in shares of Direxion Daily Small Cap Bull 3X Shares by 120.0% in the 3rd quarter. Hartford Financial Management Inc. now owns 2,750 shares of the exchange traded fund’s stock valued at $122,000 after acquiring an additional 1,500 shares in the last quarter. Covestor Ltd lifted its holdings in Direxion Daily Small Cap Bull 3X Shares by 79.4% in the 3rd quarter. Covestor Ltd now owns 4,028 shares of the exchange traded fund’s stock worth $179,000 after purchasing an additional 1,783 shares during the last quarter. Finally, EP Wealth Advisors LLC acquired a new position in Direxion Daily Small Cap Bull 3X Shares during the third quarter valued at approximately $222,000.

Direxion Daily Small Cap Bull 3X Shares Stock Down 2.8 %

Shares of TNA stock opened at $42.73 on Friday. Direxion Daily Small Cap Bull 3X Shares has a 12 month low of $31.84 and a 12 month high of $58.00. The company has a market cap of $2.67 billion, a PE ratio of 13.84 and a beta of 3.74. The business’s 50 day moving average is $43.86 and its two-hundred day moving average is $44.65.

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.