CPR Investments Inc. cut its position in shares of Direxion HCM Tactical Enhanced U.S. ETF (NYSEARCA:HCMT – Free Report) by 34.7% during the fourth quarter, Holdings Channel.com reports. The firm owned 114,938 shares of the company’s stock after selling 61,134 shares during the quarter. Direxion HCM Tactical Enhanced U.S. ETF makes up approximately 3.7% of CPR Investments Inc.’s portfolio, making the stock its 7th biggest position. CPR Investments Inc.’s holdings in Direxion HCM Tactical Enhanced U.S. ETF were worth $4,148,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds also recently bought and sold shares of the company. Envestnet Asset Management Inc. raised its holdings in Direxion HCM Tactical Enhanced U.S. ETF by 9.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 117,399 shares of the company’s stock valued at $3,997,000 after buying an additional 10,431 shares during the period. J.W. Cole Advisors Inc. acquired a new position in shares of Direxion HCM Tactical Enhanced U.S. ETF in the 2nd quarter worth approximately $267,000. Foundations Investment Advisors LLC boosted its position 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 worth $6,152,000 after purchasing an additional 39,538 shares during the period. Orion Portfolio Solutions LLC boosted its position 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 worth $52,269,000 after purchasing an additional 222,471 shares during the period. Finally, Axxcess Wealth Management LLC increased its holdings in Direxion HCM Tactical Enhanced U.S. ETF by 304.4% in the 2nd quarter. Axxcess Wealth Management LLC now owns 53,198 shares of the company’s stock valued at $1,811,000 after purchasing an additional 40,043 shares during the last quarter.
Direxion HCM Tactical Enhanced U.S. ETF Stock Performance
NYSEARCA:HCMT opened at $35.34 on Wednesday. Direxion HCM Tactical Enhanced U.S. ETF has a 52 week low of $25.95 and a 52 week high of $39.52. The stock’s fifty day moving average is $37.48 and its two-hundred day moving average is $35.24.
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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