Hodges Capital Management Inc. Has $1.99 Million Holdings in Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA)

Hodges Capital Management Inc. grew its stake in Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA) by 9.2% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 47,500 shares of the exchange traded fund’s stock after buying an additional 4,000 shares during the quarter. Hodges Capital Management Inc. owned 0.08% of Direxion Daily Small Cap Bull 3X Shares worth $1,989,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Renaissance Technologies LLC acquired a new position in shares of Direxion Daily Small Cap Bull 3X Shares during the 2nd quarter worth about $455,000. SG Americas Securities LLC bought a new position in Direxion Daily Small Cap Bull 3X Shares during the third quarter worth $255,000. Dynamic Advisor Solutions LLC bought a new position in Direxion Daily Small Cap Bull 3X Shares in the 3rd quarter valued at about $216,000. Watts Gwilliam & Co. LLC acquired a new stake in shares of Direxion Daily Small Cap Bull 3X Shares during the third quarter worth $995,000. Finally, TAP Consulting LLC acquired a new stake in shares of Direxion Daily Small Cap Bull 3X Shares in the third quarter valued at approximately $234,000.

Direxion Daily Small Cap Bull 3X Shares Stock Performance

TNA opened at $42.82 on Tuesday. The firm has a market cap of $2.67 billion, a P/E ratio of 13.84 and a beta of 3.74. Direxion Daily Small Cap Bull 3X Shares has a 52-week low of $31.84 and a 52-week high of $58.00. The business’s fifty day moving average is $46.43 and its 200-day moving average is $44.77.

Direxion Daily Small Cap Bull 3X Shares 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.