Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA) Shares Gap Up to $65.69

Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA) shares gapped up before the market opened on Friday . The stock had previously closed at $63.72, but opened at $65.69. Direxion Daily Small Cap Bull 3X Shares shares last traded at $67.93, with a volume of 2,439,785 shares.

The stock’s fifty day simple moving average is $62.62 and its 200-day simple moving average is $58.64.

Large investors have recently bought and sold shares of the business. SG Americas Securities LLC purchased a new stake in shares of Direxion Daily Small Cap Bull 3X Shares during the second quarter worth approximately $125,000. Ellis Investment Partners LLC lifted its stake in Direxion Daily Small Cap Bull 3X Shares by 79.7% in the third quarter. Ellis Investment Partners LLC now owns 2,983 shares of the exchange traded fund’s stock worth $156,000 after acquiring an additional 1,323 shares during the last quarter. Hollencrest Capital Management acquired a new position in Direxion Daily Small Cap Bull 3X Shares during the 3rd quarter worth approximately $222,000. Commonwealth Equity Services LLC acquired a new position in Direxion Daily Small Cap Bull 3X Shares during the 2nd quarter worth approximately $224,000. Finally, Baker Avenue Asset Management LP purchased a new stake in shares of Direxion Daily Small Cap Bull 3X Shares in the 2nd quarter valued at approximately $311,000.

About Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA)

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.

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