Lifestyle Asset Management Inc. Lowers Holdings in Direxion HCM Tactical Enhanced U.S. ETF (NYSEARCA:HCMT)

Lifestyle Asset Management Inc. trimmed its stake in Direxion HCM Tactical Enhanced U.S. ETF (NYSEARCA:HCMT) by 13.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 32,568 shares of the company’s stock after selling 4,903 shares during the period. Lifestyle Asset Management Inc. owned 0.34% of Direxion HCM Tactical Enhanced U.S. ETF worth $1,175,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the stock. J.W. Cole Advisors Inc. raised its position in shares of Direxion HCM Tactical Enhanced U.S. ETF by 23.9% in the 3rd quarter. J.W. Cole Advisors Inc. now owns 9,729 shares of the company’s stock worth $343,000 after acquiring an additional 1,875 shares in the last quarter. IHT Wealth Management LLC increased its position in Direxion HCM Tactical Enhanced U.S. ETF by 47.5% during the 3rd 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 in the last quarter. Arete Wealth Advisors LLC increased its position in Direxion HCM Tactical Enhanced U.S. ETF by 28.7% during the 3rd quarter. Arete Wealth Advisors LLC now owns 18,172 shares of the company’s stock valued at $633,000 after buying an additional 4,049 shares in the last quarter. World Investment Advisors LLC acquired a new position in Direxion HCM Tactical Enhanced U.S. ETF during the 3rd quarter valued at about $240,000. Finally, Envestnet Asset Management Inc. increased its position in Direxion HCM Tactical Enhanced U.S. ETF by 9.8% during 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 in the last quarter.

Direxion HCM Tactical Enhanced U.S. ETF Stock Down 0.2 %

Shares of NYSEARCA:HCMT opened at $38.50 on Friday. The business’s 50-day moving average is $37.40 and its 200 day moving average is $35.34. Direxion HCM Tactical Enhanced U.S. ETF has a 1 year low of $27.16 and a 1 year high of $39.52.

Direxion HCM Tactical Enhanced U.S. ETF Company 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.