J.W. Cole Advisors Inc. grew its position in shares of Direxion HCM Tactical Enhanced U.S. ETF (NYSEARCA:HCMT – Free Report) by 32.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,840 shares of the company’s stock after purchasing an additional 3,111 shares during the quarter. J.W. Cole Advisors Inc. owned approximately 0.13% of Direxion HCM Tactical Enhanced U.S. ETF worth $463,000 as of its most recent SEC filing.
Several other institutional investors have also recently made changes to their positions in HCMT. Orion Portfolio Solutions LLC increased its holdings in shares of Direxion HCM Tactical Enhanced U.S. ETF by 17.7% during the 3rd quarter. Orion Portfolio Solutions LLC now owns 1,482,805 shares of the company’s stock valued at $52,269,000 after purchasing an additional 222,471 shares in the last quarter. Discipline Wealth Solutions LLC purchased a new position in shares of Direxion HCM Tactical Enhanced U.S. ETF during the 3rd quarter valued at approximately $5,459,000. Foundations Investment Advisors LLC increased its holdings in shares of Direxion HCM Tactical Enhanced U.S. ETF by 29.3% during the 3rd quarter. Foundations Investment Advisors LLC now owns 174,532 shares of the company’s stock valued at $6,152,000 after purchasing an additional 39,538 shares in the last quarter. Strategic Financial Concepts LLC purchased a new stake in Direxion HCM Tactical Enhanced U.S. ETF in the 4th quarter worth $1,349,000. Finally, World Investment Advisors LLC purchased a new stake in Direxion HCM Tactical Enhanced U.S. ETF in the 3rd quarter worth $240,000.
Direxion HCM Tactical Enhanced U.S. ETF Price Performance
Shares of NYSEARCA HCMT opened at $39.22 on Thursday. The firm has a fifty day moving average of $37.46 and a 200 day moving average of $35.89. Direxion HCM Tactical Enhanced U.S. ETF has a one year low of $27.16 and a one year high of $39.52.
Direxion HCM Tactical Enhanced U.S. ETF Profile
The Direxion HCM Tactical Enhanced US ETF (HCMT) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds that toggles between a 200% leveraged US equity position and a 100% investment to cash or cash equivalents based on a proprietary tactical indicator that identifies broad trends in the US equity markets.
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