DRW Securities LLC Acquires Shares of 17,105 Direxion Daily Small Cap Bear 3X Shares (NYSEARCA:TZA)

DRW Securities LLC bought a new position in Direxion Daily Small Cap Bear 3X Shares (NYSEARCA:TZA) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 17,105 shares of the exchange traded fund’s stock, valued at approximately $231,000. DRW Securities LLC owned about 0.08% of Direxion Daily Small Cap Bear 3X Shares as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also made changes to their positions in the company. IMC Chicago LLC increased its holdings in Direxion Daily Small Cap Bear 3X Shares by 447.2% during the 3rd quarter. IMC Chicago LLC now owns 196,300 shares of the exchange traded fund’s stock valued at $2,650,000 after purchasing an additional 160,425 shares in the last quarter. Virtu Financial LLC increased its stake in shares of Direxion Daily Small Cap Bear 3X Shares by 51.5% in the second quarter. Virtu Financial LLC now owns 376,167 shares of the exchange traded fund’s stock valued at $6,982,000 after buying an additional 127,940 shares in the last quarter. Choreo LLC increased its stake in shares of Direxion Daily Small Cap Bear 3X Shares by 132.4% in the second quarter. Choreo LLC now owns 123,897 shares of the exchange traded fund’s stock valued at $2,354,000 after buying an additional 70,585 shares in the last quarter. Finally, Jane Street Group LLC raised its holdings in shares of Direxion Daily Small Cap Bear 3X Shares by 5,734.5% in the first quarter. Jane Street Group LLC now owns 801,718 shares of the exchange traded fund’s stock valued at $13,461,000 after buying an additional 787,977 shares during the last quarter.

Direxion Daily Small Cap Bear 3X Shares Price Performance

Shares of NYSEARCA:TZA opened at $10.18 on Thursday. Direxion Daily Small Cap Bear 3X Shares has a 12 month low of $9.66 and a 12 month high of $29.89. The company’s 50-day moving average price is $12.81 and its two-hundred day moving average price is $15.41.

Direxion Daily Small Cap Bear 3X Shares Company Profile

Direxion Daily Small Cap Bear 3X Shares (the Fund) seeks daily investment results of 300% of the inverse (or opposite) 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.