Direxion Daily Small Cap Bull 3X Shares (NYSEARCA:TNA) shares gapped down before the market opened on Monday . The stock had previously closed at $58.56, but opened at $59.71. Direxion Daily Small Cap Bull 3X Shares shares last traded at $59.44, with a volume of 142379 shares changing hands.

A number of hedge funds have recently made changes to their positions in the business. Coastal Investment Advisors Inc. acquired a new position in shares of Direxion Daily Small Cap Bull 3X Shares during the first quarter worth $53,000. Traynor Capital Management Inc. lifted its position in shares of Direxion Daily Small Cap Bull 3X Shares by 3.3% during the first quarter. Traynor Capital Management Inc. now owns 29,516 shares of the exchange traded fund’s stock worth $1,804,000 after purchasing an additional 949 shares in the last quarter. Cetera Advisors LLC acquired a new position in shares of Direxion Daily Small Cap Bull 3X Shares during the first quarter worth $61,000. Harvest Investment Services LLC lifted its position in shares of Direxion Daily Small Cap Bull 3X Shares by 3.7% during the first quarter. Harvest Investment Services LLC now owns 86,990 shares of the exchange traded fund’s stock worth $5,488,000 after purchasing an additional 3,131 shares in the last quarter. Finally, Virtu Financial LLC lifted its position in shares of Direxion Daily Small Cap Bull 3X Shares by 3.8% during the first quarter. Virtu Financial LLC now owns 92,618 shares of the exchange traded fund’s stock worth $5,661,000 after purchasing an additional 3,366 shares in the last quarter.

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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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