BNP Paribas Financial Markets Invests $372,000 in Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA)

BNP Paribas Financial Markets purchased a new position in shares of Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 8,400 shares of the exchange traded fund’s stock, valued at approximately $372,000.

Other large investors have also made changes to their positions in the company. Farther Finance Advisors LLC increased its position in shares of Direxion Daily Small Cap Bull 3X Shares by 1,363.4% during the third 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. Hodges Capital Management Inc. increased its position in shares of Direxion Daily Small Cap Bull 3X Shares by 16.3% in the 2nd quarter. Hodges Capital Management Inc. now owns 50,000 shares of the exchange traded fund’s stock valued at $1,834,000 after acquiring an additional 7,000 shares during the period. Thames Capital Management LLC acquired a new position in shares of Direxion Daily Small Cap Bull 3X Shares in the 2nd quarter valued at $8,253,000. Ellis Investment Partners LLC increased its position in shares of Direxion Daily Small Cap Bull 3X Shares by 28.6% in the 3rd quarter. Ellis Investment Partners LLC now owns 11,758 shares of the exchange traded fund’s stock valued at $521,000 after acquiring an additional 2,612 shares during the period. Finally, Virtu Financial LLC acquired a new position in shares of Direxion Daily Small Cap Bull 3X Shares in the 2nd quarter valued at $3,059,000.

Direxion Daily Small Cap Bull 3X Shares Price Performance

NYSEARCA TNA opened at $49.67 on Friday. The stock’s fifty day moving average price is $48.86 and its 200 day moving average price is $43.25. Direxion Daily Small Cap Bull 3X Shares has a 1 year low of $31.79 and a 1 year high of $58.00. The company has a market cap of $3.10 billion, a price-to-earnings ratio of 13.84 and a beta of 3.74.

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.