Virtu Financial LLC Acquires 499,052 Shares of Direxion Daily Small Cap Bear 3X Shares $TZA

Virtu Financial LLC boosted its holdings in shares of Direxion Daily Small Cap Bear 3X Shares (NYSEARCA:TZA) by 1,453.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 533,377 shares of the exchange traded fund’s stock after buying an additional 499,052 shares during the quarter. Virtu Financial LLC’s holdings in Direxion Daily Small Cap Bear 3X Shares were worth $4,006,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of TZA. Jump Financial LLC boosted its position in Direxion Daily Small Cap Bear 3X Shares by 4,731.7% during the 4th quarter. Jump Financial LLC now owns 1,196,532 shares of the exchange traded fund’s stock valued at $8,986,000 after acquiring an additional 1,171,768 shares in the last quarter. Qube Research & Technologies Ltd increased its holdings in shares of Direxion Daily Small Cap Bear 3X Shares by 11,756.2% in the 2nd quarter. Qube Research & Technologies Ltd now owns 61,652 shares of the exchange traded fund’s stock valued at $731,000 after acquiring an additional 61,132 shares during the period. Corient Private Wealth LLC raised its position in shares of Direxion Daily Small Cap Bear 3X Shares by 125.0% in the 2nd quarter. Corient Private Wealth LLC now owns 45,000 shares of the exchange traded fund’s stock worth $534,000 after acquiring an additional 25,000 shares in the last quarter. DRW Securities LLC bought a new position in shares of Direxion Daily Small Cap Bear 3X Shares in the 4th quarter worth $492,000. Finally, BTG Pactual Asset Management US LLC bought a new position in shares of Direxion Daily Small Cap Bear 3X Shares in the 3rd quarter worth $238,000.

Direxion Daily Small Cap Bear 3X Shares Stock Performance

Shares of NYSEARCA TZA opened at $4.02 on Friday. Direxion Daily Small Cap Bear 3X Shares has a 1-year low of $3.92 and a 1-year high of $13.56. The business has a fifty day moving average price of $4.80 and a 200 day moving average price of $6.02.

Direxion Daily Small Cap Bear 3X Shares Profile

Direxion Daily Small Cap Bear 3X Shares (the Fund) seeks daily investment results of 300% of the inverse (or opposite) 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.