Traynor Capital Management Inc. Purchases 8,061 Shares of Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA)

Traynor Capital Management Inc. lifted its position in Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA) by 9.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 93,218 shares of the exchange traded fund’s stock after buying an additional 8,061 shares during the period. Traynor Capital Management Inc.’s holdings in Direxion Daily Small Cap Bull 3X Shares were worth $3,904,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of TNA. Farther Finance Advisors LLC boosted its stake in Direxion Daily Small Cap Bull 3X Shares by 1,363.4% in the 3rd quarter. Farther Finance Advisors LLC now owns 600 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 559 shares in the last quarter. EverSource Wealth Advisors LLC lifted its stake in shares of Direxion Daily Small Cap Bull 3X Shares by 100.0% during the second quarter. EverSource Wealth Advisors LLC now owns 1,000 shares of the exchange traded fund’s stock worth $37,000 after buying an additional 500 shares during the period. ORG Wealth Partners LLC purchased a new stake in shares of Direxion Daily Small Cap Bull 3X Shares during the third quarter valued at $84,000. Hartford Financial Management Inc. increased its position in shares of Direxion Daily Small Cap Bull 3X Shares by 120.0% in the 3rd quarter. Hartford Financial Management Inc. now owns 2,750 shares of the exchange traded fund’s stock valued at $122,000 after acquiring an additional 1,500 shares during the period. Finally, Covestor Ltd raised its stake in Direxion Daily Small Cap Bull 3X Shares by 79.4% in the 3rd quarter. Covestor Ltd now owns 4,028 shares of the exchange traded fund’s stock worth $179,000 after acquiring an additional 1,783 shares during the last quarter.

Direxion Daily Small Cap Bull 3X Shares Stock Performance

Direxion Daily Small Cap Bull 3X Shares stock opened at $45.61 on Thursday. Direxion Daily Small Cap Bull 3X Shares has a fifty-two week low of $31.84 and a fifty-two week high of $58.00. The company has a market cap of $2.85 billion, a PE ratio of 13.84 and a beta of 3.74. The business’s 50-day simple moving average is $47.34 and its two-hundred day simple moving average is $44.60.

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.