IFP Advisors Inc Purchases 864 Shares of Direxion HCM Tactical Enhanced U.S. ETF (NYSEARCA:HCMT)

IFP Advisors Inc lifted its position in Direxion HCM Tactical Enhanced U.S. ETF (NYSEARCA:HCMT) by 9.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,135 shares of the company’s stock after buying an additional 864 shares during the period. IFP Advisors Inc owned about 0.11% of Direxion HCM Tactical Enhanced U.S. ETF worth $366,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in HCMT. IHT Wealth Management LLC increased its position in shares of Direxion HCM Tactical Enhanced U.S. ETF by 47.5% in 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. Orion Portfolio Solutions LLC increased its holdings in 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 in the last quarter. Arete Wealth Advisors LLC increased its holdings 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 worth $633,000 after purchasing an additional 4,049 shares in the last quarter. Discipline Wealth Solutions LLC bought a new position in Direxion HCM Tactical Enhanced U.S. ETF during the 3rd quarter worth about $5,459,000. Finally, World Investment Advisors LLC bought a new position in Direxion HCM Tactical Enhanced U.S. ETF during the 3rd quarter worth about $240,000.

Direxion HCM Tactical Enhanced U.S. ETF Trading Up 2.6 %

HCMT stock opened at $35.66 on Friday. The stock has a 50-day moving average price of $37.29 and a two-hundred day moving average price of $36.18. The stock has a market cap of $453.95 million, a PE ratio of 26.80 and a beta of 1.84. Direxion HCM Tactical Enhanced U.S. ETF has a 1 year low of $27.16 and a 1 year high of $39.52.

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.