Benzinga's Top ETF Decliners, August 29th (TZA, TVIX, FAZ, SOXS)

Direxion Small Cap Bear 3X Shares (ETF) TZA led the decliners among the ETFs on Monday, with a loss of 14.37%. TZA closed at $40.75, and it had a volume of 23.15M traded shares. VelocityShares Daily 2x VIX Short Term ETN TVIX dropped 12.69%, and closed at $48.49. This was the second consecutive trading session that TVIX closed lower. Direxion Daily Financial Bear 3X Shares(ETF) FAZ fell 11.66%, as Bank of America Corp BAC jumped 8.12%, and Morgan Stanley MS added 4.27%. Direxion Daily Semiconductor Bear 3X Shares SOXS lost 11.05%, and in the semiconductor space, Advanced Micro Devices, Inc. AMD traded 5.24% higher.