Great Hill Capital LLC Makes New $1.20 Million Investment in Direxion Daily Small Cap Bull 3X Shares $TNA

Great Hill Capital LLC bought a new position in Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA) during the third quarter, HoldingsChannel.com reports. The fund bought 26,410 shares of the exchange traded fund’s stock, valued at approximately $1,195,000. Direxion Daily Small Cap Bull 3X Shares comprises about 0.2% of Great Hill Capital LLC’s holdings, making the stock its 26th largest holding.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Sollinda Capital Management LLC bought a new stake in Direxion Daily Small Cap Bull 3X Shares in the 3rd quarter worth about $19,753,000. Flow Traders U.S. LLC lifted its position in Direxion Daily Small Cap Bull 3X Shares by 282.7% during the second quarter. Flow Traders U.S. LLC now owns 236,805 shares of the exchange traded fund’s stock valued at $7,942,000 after purchasing an additional 174,934 shares in the last quarter. Elevatus Welath Management bought a new position in shares of Direxion Daily Small Cap Bull 3X Shares during the 2nd quarter valued at approximately $6,801,000. Simplex Trading LLC boosted its position in shares of Direxion Daily Small Cap Bull 3X Shares by 219.5% in the second quarter. Simplex Trading LLC now owns 140,768 shares of the exchange traded fund’s stock worth $4,721,000 after purchasing an additional 96,716 shares during the period. Finally, Ridgepath Capital Management LLC bought a new stake in shares of Direxion Daily Small Cap Bull 3X Shares during the 3rd quarter valued at $5,823,000.

Direxion Daily Small Cap Bull 3X Shares Stock Performance

TNA opened at $54.80 on Thursday. Direxion Daily Small Cap Bull 3X Shares has a fifty-two week low of $18.01 and a fifty-two week high of $60.44. The stock has a market cap of $1.65 billion, a price-to-earnings ratio of 17.29 and a beta of 3.42. The firm’s fifty day moving average is $52.84 and its 200 day moving average is $47.35.

About Direxion Daily Small Cap Bull 3X Shares

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.