Direxion HCM Tactical Enhanced U.S. ETF (NYSEARCA:HCMT) Shares Purchased by Orion Portfolio Solutions LLC

Orion Portfolio Solutions LLC grew its position in shares of Direxion HCM Tactical Enhanced U.S. ETF (NYSEARCA:HCMT) by 17.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,482,805 shares of the company’s stock after acquiring an additional 222,471 shares during the quarter. Orion Portfolio Solutions LLC owned about 0.16% of Direxion HCM Tactical Enhanced U.S. ETF worth $52,269,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. J.W. Cole Advisors Inc. bought a new stake in Direxion HCM Tactical Enhanced U.S. ETF in the 2nd quarter valued at about $267,000. IHT Wealth Management LLC raised its holdings in shares of Direxion HCM Tactical Enhanced U.S. ETF by 47.5% during the third quarter. IHT Wealth Management LLC now owns 8,878 shares of the company’s stock valued at $309,000 after buying an additional 2,858 shares during the last quarter. Forum Financial Management LP acquired a new position in shares of Direxion HCM Tactical Enhanced U.S. ETF during the second quarter worth approximately $402,000. Ndwm LLC bought a new position in Direxion HCM Tactical Enhanced U.S. ETF in the 2nd quarter worth approximately $665,000. Finally, Envestnet Portfolio Solutions Inc. grew its holdings in Direxion HCM Tactical Enhanced U.S. ETF by 5.0% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 34,605 shares of the company’s stock worth $1,178,000 after buying an additional 1,647 shares in the last quarter.

Direxion HCM Tactical Enhanced U.S. ETF Stock Up 1.0 %

Shares of Direxion HCM Tactical Enhanced U.S. ETF stock opened at $39.35 on Friday. Direxion HCM Tactical Enhanced U.S. ETF has a 1-year low of $24.43 and a 1-year high of $39.37. The business’s fifty day moving average price is $36.49 and its two-hundred day moving average price is $34.36.

About Direxion HCM Tactical Enhanced U.S. ETF

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.