Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA) Sets New 1-Year High at $43.18

Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA)’s stock price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $43.18 and last traded at $42.80, with a volume of 3037468 shares. The stock had previously closed at $42.50.

Direxion Daily Small Cap Bull 3X Shares Price Performance

The firm has a fifty day simple moving average of $37.88 and a 200-day simple moving average of $33.02. The firm has a market cap of $1.50 billion, a P/E ratio of 11.78 and a beta of 3.41.

Institutional Trading of Direxion Daily Small Cap Bull 3X Shares

Institutional investors and hedge funds have recently modified their holdings of the stock. Goldman Sachs Group Inc. increased its position in shares of Direxion Daily Small Cap Bull 3X Shares by 411.2% during the fourth quarter. Goldman Sachs Group Inc. now owns 314,597 shares of the exchange traded fund’s stock valued at $12,411,000 after acquiring an additional 253,061 shares during the last quarter. Virtu Financial LLC increased its position in shares of Direxion Daily Small Cap Bull 3X Shares by 140.1% during the fourth quarter. Virtu Financial LLC now owns 25,219 shares of the exchange traded fund’s stock valued at $995,000 after acquiring an additional 14,715 shares during the last quarter. Austin Wealth Management LLC purchased a new stake in shares of Direxion Daily Small Cap Bull 3X Shares during the fourth quarter valued at approximately $518,000. Townsquare Capital LLC purchased a new stake in shares of Direxion Daily Small Cap Bull 3X Shares during the fourth quarter valued at approximately $781,000. Finally, Main Street Group LTD purchased a new stake in shares of Direxion Daily Small Cap Bull 3X Shares during the fourth quarter valued at approximately $801,000.

Direxion Daily Small Cap Bull 3X Shares Company 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.