Physician Wealth Advisors Inc. Sells 2,407 Shares of Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA)

Physician Wealth Advisors Inc. lessened its position in Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA) by 5.0% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 45,922 shares of the exchange traded fund’s stock after selling 2,407 shares during the quarter. Physician Wealth Advisors Inc. owned 0.08% of Direxion Daily Small Cap Bull 3X Shares worth $1,971,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the company. Citigroup Inc. boosted its position in Direxion Daily Small Cap Bull 3X Shares by 10,274.9% during the third quarter. Citigroup Inc. now owns 27,286 shares of the exchange traded fund’s stock valued at $784,000 after buying an additional 27,023 shares during the period. Stuart Chaussee & Associates Inc. purchased a new stake in Direxion Daily Small Cap Bull 3X Shares during the fourth quarter valued at about $2,708,000. Capital Investment Counsel Inc boosted its position in Direxion Daily Small Cap Bull 3X Shares by 22.8% during the fourth quarter. Capital Investment Counsel Inc now owns 21,300 shares of the exchange traded fund’s stock valued at $840,000 after buying an additional 3,950 shares during the period. Gainplan LLC purchased a new stake in Direxion Daily Small Cap Bull 3X Shares during the fourth quarter valued at about $9,192,000. Finally, Lindbrook Capital LLC boosted its position in Direxion Daily Small Cap Bull 3X Shares by 42.9% during the fourth quarter. Lindbrook Capital LLC now owns 25,000 shares of the exchange traded fund’s stock valued at $986,000 after buying an additional 7,500 shares during the period.

Direxion Daily Small Cap Bull 3X Shares Price Performance

NYSEARCA TNA traded up $0.37 during trading on Friday, hitting $36.67. 24,353,665 shares of the company’s stock traded hands, compared to its average volume of 18,831,582. The stock has a fifty day moving average of $37.13 and a two-hundred day moving average of $37.53. The firm has a market cap of $2.29 billion, a P/E ratio of 13.84 and a beta of 3.74. Direxion Daily Small Cap Bull 3X Shares has a 12-month low of $21.58 and a 12-month high of $43.84.

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.