Optimum Investment Advisors Has $47,000 Holdings in Direxion Daily Small Cap Bull 3X Shares $TNA

Optimum Investment Advisors lessened its position in Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA) by 65.9% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 1,400 shares of the exchange traded fund’s stock after selling 2,700 shares during the period. Optimum Investment Advisors’ holdings in Direxion Daily Small Cap Bull 3X Shares were worth $47,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in TNA. Peregrine Investment Management Inc. acquired a new stake in Direxion Daily Small Cap Bull 3X Shares in the second quarter valued at approximately $10,062,000. Impala Asset Management LLC acquired a new stake in Direxion Daily Small Cap Bull 3X Shares in the first quarter valued at approximately $1,996,000. Simplex Trading LLC acquired a new stake in Direxion Daily Small Cap Bull 3X Shares in the first quarter valued at approximately $1,288,000. TrueMark Investments LLC acquired a new stake in Direxion Daily Small Cap Bull 3X Shares in the second quarter valued at approximately $1,335,000. Finally, Surience Private Wealth LLC acquired a new stake in Direxion Daily Small Cap Bull 3X Shares in the second quarter valued at approximately $1,304,000.

Direxion Daily Small Cap Bull 3X Shares Stock Up 3.6%

Shares of NYSEARCA:TNA opened at $48.64 on Monday. The stock has a market cap of $2.20 billion, a price-to-earnings ratio of 17.29 and a beta of 3.41. 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 $44.23 and its 200 day moving average is $35.81.

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.