76,890 Shares in Direxion HCM Tactical Enhanced U.S. ETF (NYSEARCA:HCMT) Purchased by Delta Investment Management LLC

Delta Investment Management LLC bought a new position in Direxion HCM Tactical Enhanced U.S. ETF (NYSEARCA:HCMT) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 76,890 shares of the company’s stock, valued at approximately $2,048,000.

Other hedge funds also recently made changes to their positions in the company. Envestnet Portfolio Solutions Inc. purchased a new stake in shares of Direxion HCM Tactical Enhanced U.S. ETF in the third quarter worth about $440,000. Atria Wealth Solutions Inc. lifted its position in shares of Direxion HCM Tactical Enhanced U.S. ETF by 91.1% in the fourth quarter. Atria Wealth Solutions Inc. now owns 29,761 shares of the company’s stock worth $793,000 after buying an additional 14,188 shares in the last quarter. GTS Securities LLC purchased a new stake in shares of Direxion HCM Tactical Enhanced U.S. ETF in the third quarter worth about $1,346,000. CPR Investments Inc. lifted its position in shares of Direxion HCM Tactical Enhanced U.S. ETF by 26.0% in the fourth quarter. CPR Investments Inc. now owns 243,369 shares of the company’s stock worth $6,481,000 after buying an additional 50,263 shares in the last quarter. Finally, Brookstone Capital Management lifted its position in shares of Direxion HCM Tactical Enhanced U.S. ETF by 1.6% in the third quarter. Brookstone Capital Management now owns 442,507 shares of the company’s stock worth $10,558,000 after buying an additional 6,887 shares in the last quarter.

Direxion HCM Tactical Enhanced U.S. ETF Trading Up 2.4 %

NYSEARCA:HCMT opened at $28.92 on Friday. Direxion HCM Tactical Enhanced U.S. ETF has a 12 month low of $22.82 and a 12 month high of $31.31. The business’s 50-day moving average is $29.77 and its 200 day moving average is $27.14.

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.