Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA)’s stock price rose 6.1% during mid-day trading on Wednesday . The stock traded as high as $61.94 and last traded at $61.68, approximately 4,870,440 shares were traded during mid-day trading. An increase of 25% from the average daily volume of 3,883,340 shares. The stock had previously closed at $58.13.

The company’s 50-day simple moving average is $55.49 and its 200-day simple moving average is $60.27.

A number of hedge funds have recently modified their holdings of the business. IMC Chicago LLC acquired a new stake in Direxion Daily Small Cap Bull 3X Shares during the second quarter worth approximately $5,277,000. Morgan Stanley lifted its position in Direxion Daily Small Cap Bull 3X Shares by 1,339.2% during the second quarter. Morgan Stanley now owns 68,724 shares of the exchange traded fund’s stock worth $4,283,000 after acquiring an additional 63,949 shares during the last quarter. Baker Avenue Asset Management LP acquired a new stake in Direxion Daily Small Cap Bull 3X Shares during the second quarter worth approximately $311,000. Gainplan LLC acquired a new stake in Direxion Daily Small Cap Bull 3X Shares during the second quarter worth approximately $1,869,000. Finally, SG Americas Securities LLC acquired a new stake in Direxion Daily Small Cap Bull 3X Shares during the second quarter worth approximately $125,000.

Direxion Daily Small Cap Bull 3X Shares Company Profile (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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