Westwood Wealth Management Purchases 2,125 Shares of Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA)

Westwood Wealth Management lifted its position in Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA) by 2.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 95,205 shares of the exchange traded fund’s stock after acquiring an additional 2,125 shares during the quarter. Direxion Daily Small Cap Bull 3X Shares accounts for approximately 1.4% of Westwood Wealth Management’s investment portfolio, making the stock its 13th largest holding. Westwood Wealth Management owned approximately 0.15% of Direxion Daily Small Cap Bull 3X Shares worth $3,987,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in TNA. Farther Finance Advisors LLC increased its holdings in shares of 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 valued at $64,000 after acquiring an additional 925 shares during the period. ORG Wealth Partners LLC raised its holdings in Direxion Daily Small Cap Bull 3X Shares by 26.1% in the fourth quarter. ORG Wealth Partners LLC now owns 2,400 shares of the exchange traded fund’s stock worth $101,000 after purchasing an additional 496 shares in the last quarter. Signaturefd LLC bought a new position in Direxion Daily Small Cap Bull 3X Shares in the fourth quarter worth about $210,000. EP Wealth Advisors LLC purchased a new stake in shares of Direxion Daily Small Cap Bull 3X Shares during the third quarter valued at about $222,000. Finally, TAP Consulting LLC boosted its holdings in shares of Direxion Daily Small Cap Bull 3X Shares by 5.8% in the 4th quarter. TAP Consulting LLC now owns 5,591 shares of the exchange traded fund’s stock valued at $234,000 after buying an additional 305 shares in the last quarter.

Direxion Daily Small Cap Bull 3X Shares Stock Down 13.6 %

Shares of Direxion Daily Small Cap Bull 3X Shares stock opened at $21.32 on Friday. Direxion Daily Small Cap Bull 3X Shares has a 52-week low of $19.60 and a 52-week high of $58.00. The firm’s 50 day moving average price is $36.72 and its 200-day moving average price is $42.99. The company has a market cap of $1.24 billion, a P/E ratio of 14.70 and a beta of 3.52.

Direxion Daily Small Cap Bull 3X Shares Increases Dividend

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

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.