Direxion Daily Small Cap Bear 3X Shares (NYSEARCA:TZA) Stock Holdings Decreased by IMC Chicago LLC

IMC Chicago LLC reduced its position in Direxion Daily Small Cap Bear 3X Shares (NYSEARCA:TZA) by 96.4% during the 4th quarter, HoldingsChannel.com reports. The fund owned 62,785 shares of the exchange traded fund’s stock after selling 1,696,976 shares during the quarter. IMC Chicago LLC’s holdings in Direxion Daily Small Cap Bear 3X Shares were worth $1,253,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in TZA. Headlands Technologies LLC purchased a new position in shares of Direxion Daily Small Cap Bear 3X Shares in the third quarter worth approximately $26,000. Quantbot Technologies LP grew its position in Direxion Daily Small Cap Bear 3X Shares by 10.9% during the third quarter. Quantbot Technologies LP now owns 6,583 shares of the exchange traded fund’s stock valued at $204,000 after purchasing an additional 647 shares in the last quarter. Vontobel Holding Ltd. grew its position in Direxion Daily Small Cap Bear 3X Shares by 35.3% during the fourth quarter. Vontobel Holding Ltd. now owns 14,410 shares of the exchange traded fund’s stock valued at $287,000 after purchasing an additional 3,760 shares in the last quarter. Pathstone Family Office LLC purchased a new position in Direxion Daily Small Cap Bear 3X Shares during the third quarter valued at approximately $655,000. Finally, Tower Research Capital LLC TRC grew its position in Direxion Daily Small Cap Bear 3X Shares by 985.2% during the third quarter. Tower Research Capital LLC TRC now owns 26,794 shares of the exchange traded fund’s stock valued at $830,000 after purchasing an additional 24,325 shares in the last quarter.

Direxion Daily Small Cap Bear 3X Shares Stock Performance

TZA traded up $0.41 on Thursday, reaching $18.16. 6,212,004 shares of the company traded hands, compared to its average volume of 21,629,811. The stock’s 50 day moving average price is $18.80 and its 200-day moving average price is $21.64. Direxion Daily Small Cap Bear 3X Shares has a 52-week low of $16.43 and a 52-week high of $40.22.

Direxion Daily Small Cap Bear 3X Shares 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.