World Equity Group Inc. Has $359,000 Holdings in Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA)

World Equity Group Inc. decreased its position in Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA) by 60.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,100 shares of the exchange traded fund’s stock after selling 12,285 shares during the quarter. World Equity Group Inc.’s holdings in Direxion Daily Small Cap Bull 3X Shares were worth $359,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. EverSource Wealth Advisors LLC boosted its holdings in shares of Direxion Daily Small Cap Bull 3X Shares by 100.0% in the 2nd 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 last quarter. Farther Finance Advisors LLC grew its position in shares of Direxion Daily Small Cap Bull 3X Shares by 1,363.4% during the 3rd quarter. Farther Finance Advisors LLC now owns 600 shares of the exchange traded fund’s stock valued at $27,000 after acquiring an additional 559 shares during the period. Covestor Ltd increased its stake in shares of Direxion Daily Small Cap Bull 3X Shares by 28.2% during the 1st quarter. Covestor Ltd now owns 3,012 shares of the exchange traded fund’s stock worth $129,000 after purchasing an additional 663 shares during the last quarter. LifeGuide Financial Advisors LLC increased its stake in shares of Direxion Daily Small Cap Bull 3X Shares by 9.7% during the 2nd quarter. LifeGuide Financial Advisors LLC now owns 8,259 shares of the exchange traded fund’s stock worth $303,000 after purchasing an additional 733 shares during the last quarter. Finally, Viewpoint Capital Management LLC lifted its stake in Direxion Daily Small Cap Bull 3X Shares by 7.6% in the second quarter. Viewpoint Capital Management LLC now owns 14,200 shares of the exchange traded fund’s stock valued at $521,000 after purchasing an additional 1,000 shares during the last quarter.

Direxion Daily Small Cap Bull 3X Shares Trading Up 1.5 %

Shares of NYSEARCA TNA opened at $43.06 on Tuesday. The firm has a market cap of $2.69 billion, a price-to-earnings ratio of 13.84 and a beta of 3.74. The stock has a fifty day simple moving average of $42.82 and a two-hundred day simple moving average of $40.16. Direxion Daily Small Cap Bull 3X Shares has a 1-year low of $23.43 and a 1-year high of $51.14.

About Direxion Daily Small Cap Bull 3X Shares

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.