Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA) Shares Purchased by Jump Financial LLC

Jump Financial LLC raised its stake in Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA) by 213.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 254,454 shares of the exchange traded fund’s stock after buying an additional 173,348 shares during the period. Jump Financial LLC’s holdings in Direxion Daily Small Cap Bull 3X Shares were worth $10,657,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Bernard Wealth Management Corp. acquired a new position in shares of Direxion Daily Small Cap Bull 3X Shares during the 4th quarter worth $38,000. Farther Finance Advisors LLC boosted its stake in Direxion Daily Small Cap Bull 3X Shares by 154.2% in the 4th quarter. Farther Finance Advisors LLC now owns 1,525 shares of the exchange traded fund’s stock worth $64,000 after buying an additional 925 shares during the last quarter. ORG Wealth Partners LLC grew its holdings in 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 buying an additional 496 shares during the period. Signaturefd LLC purchased a new position in shares of Direxion Daily Small Cap Bull 3X Shares during the 4th quarter worth about $210,000. Finally, Belpointe Asset Management LLC purchased a new stake in Direxion Daily Small Cap Bull 3X Shares in the fourth quarter valued at approximately $242,000.

Direxion Daily Small Cap Bull 3X Shares Price Performance

NYSEARCA:TNA opened at $22.62 on Tuesday. Direxion Daily Small Cap Bull 3X Shares has a 12 month low of $18.01 and a 12 month high of $58.00. The business’s 50-day moving average is $33.04 and its two-hundred day moving average is $41.74. The firm has a market capitalization of $1.32 billion, a PE ratio of 14.70 and a beta of 3.52.

Direxion Daily Small Cap Bull 3X Shares Increases Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, April 1st. Investors of record on Tuesday, March 25th were paid a dividend of $0.1033 per share. This is a positive change from Direxion Daily Small Cap Bull 3X Shares’s previous dividend of $0.03. The ex-dividend date was Tuesday, March 25th.

Direxion Daily Small Cap Bull 3X Shares 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.