Surience Private Wealth LLC Makes New $913,000 Investment in Direxion Daily Small Cap Bull 3X ETF $TNA

Surience Private Wealth LLC acquired a new position in Direxion Daily Small Cap Bull 3X ETF (NYSEARCA:TNA) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 15,815 shares of the exchange traded fund’s stock, valued at approximately $913,000. Direxion Daily Small Cap Bull 3X ETF accounts for approximately 0.9% of Surience Private Wealth LLC’s portfolio, making the stock its 26th largest holding. Surience Private Wealth LLC owned approximately 0.07% of Direxion Daily Small Cap Bull 3X ETF at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. Integrated Wealth Concepts LLC bought a new position in Direxion Daily Small Cap Bull 3X ETF in the 2nd quarter worth about $62,000. Western Wealth Management LLC acquired a new position in Direxion Daily Small Cap Bull 3X ETF during the 1st quarter worth $38,000. Icon Advisers Inc. Co. boosted its position in Direxion Daily Small Cap Bull 3X ETF by 1.5% during the 1st quarter. Icon Advisers Inc. Co. now owns 86,800 shares of the exchange traded fund’s stock worth $3,830,000 after acquiring an additional 1,250 shares during the period. Viewpoint Capital Management LLC grew its stake in shares of Direxion Daily Small Cap Bull 3X ETF by 7.8% in the first quarter. Viewpoint Capital Management LLC now owns 27,800 shares of the exchange traded fund’s stock worth $1,227,000 after purchasing an additional 2,000 shares in the last quarter. Finally, Clay Northam Wealth Management LLC acquired a new position in shares of Direxion Daily Small Cap Bull 3X ETF during the second quarter valued at $209,000.

Direxion Daily Small Cap Bull 3X ETF Trading Down 5.0%

TNA stock traded down $2.80 during trading on Friday, hitting $52.71. The company had a trading volume of 7,009,598 shares, compared to its average volume of 7,577,690. The business has a 50 day moving average of $65.32 and a 200 day moving average of $65.04. The firm has a market capitalization of $1.21 billion, a price-to-earnings ratio of 17.29 and a beta of 3.37. Direxion Daily Small Cap Bull 3X ETF has a fifty-two week low of $37.03 and a fifty-two week high of $77.24.

Direxion Daily Small Cap Bull 3X ETF 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. It includes approximately 2,000 of the smallest securities based on a combination of their market cap and current index membership.