Foundations Investment Advisors LLC Acquires Shares of 15,687 Direxion Daily Small Cap Bull 3X Shares $TNA

Foundations Investment Advisors LLC bought a new position in shares of Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 15,687 shares of the exchange traded fund’s stock, valued at approximately $710,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. 1248 Management LLC grew its stake in 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 buying an additional 300 shares during the last quarter. Hollencrest Capital Management boosted its holdings in shares of Direxion Daily Small Cap Bull 3X Shares by 17.3% in the second quarter. Hollencrest Capital Management now owns 2,095 shares of the exchange traded fund’s stock valued at $70,000 after acquiring an additional 309 shares during the period. Orion Porfolio Solutions LLC grew its position in shares of Direxion Daily Small Cap Bull 3X Shares by 2.1% during the second quarter. Orion Porfolio Solutions LLC now owns 16,282 shares of the exchange traded fund’s stock worth $546,000 after acquiring an additional 328 shares during the last quarter. Kingswood Wealth Advisors LLC grew its position in shares of Direxion Daily Small Cap Bull 3X Shares by 2.9% during the third quarter. Kingswood Wealth Advisors LLC now owns 13,924 shares of the exchange traded fund’s stock worth $630,000 after acquiring an additional 390 shares during the last quarter. Finally, Farther Finance Advisors LLC increased its holdings in shares of Direxion Daily Small Cap Bull 3X Shares by 906.8% in the 3rd quarter. Farther Finance Advisors LLC now owns 735 shares of the exchange traded fund’s stock valued at $33,000 after acquiring an additional 662 shares during the period.

Direxion Daily Small Cap Bull 3X Shares Price Performance

TNA stock opened at $52.61 on Monday. The company has a market cap of $1.57 billion, a price-to-earnings ratio of 17.29 and a beta of 3.42. The company has a fifty day moving average price of $50.42 and a 200 day moving average price of $45.10. Direxion Daily Small Cap Bull 3X Shares has a 12 month low of $18.01 and a 12 month high of $60.44.

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