J.W. Cole Advisors Inc. Takes Position in Direxion HCM Tactical Enhanced U.S. ETF (NYSEARCA:HCMT)

J.W. Cole Advisors Inc. acquired a new stake in shares of Direxion HCM Tactical Enhanced U.S. ETF (NYSEARCA:HCMT) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 7,854 shares of the company’s stock, valued at approximately $267,000. J.W. Cole Advisors Inc. owned approximately 0.08% of Direxion HCM Tactical Enhanced U.S. ETF as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently made changes to their positions in HCMT. Envestnet Portfolio Solutions Inc. raised its position in Direxion HCM Tactical Enhanced U.S. ETF by 4.9% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 32,958 shares of the company’s stock worth $1,020,000 after purchasing an additional 1,551 shares during the period. Forum Financial Management LP purchased a new position in Direxion HCM Tactical Enhanced U.S. ETF in the 2nd quarter worth $402,000. Orion Portfolio Solutions LLC raised its position in Direxion HCM Tactical Enhanced U.S. ETF by 43.7% in the 4th quarter. Orion Portfolio Solutions LLC now owns 1,080,359 shares of the company’s stock worth $28,262,000 after purchasing an additional 328,411 shares during the period. Delta Investment Management LLC raised its position in Direxion HCM Tactical Enhanced U.S. ETF by 55.0% in the 1st quarter. Delta Investment Management LLC now owns 119,167 shares of the company’s stock worth $3,687,000 after purchasing an additional 42,277 shares during the period. Finally, Coppell Advisory Solutions Corp. purchased a new position in Direxion HCM Tactical Enhanced U.S. ETF in the 1st quarter worth $384,000.

Direxion HCM Tactical Enhanced U.S. ETF Trading Down 0.7 %

Shares of NYSEARCA:HCMT opened at $33.35 on Thursday. The company’s fifty day moving average is $32.91 and its 200 day moving average is $31.84. Direxion HCM Tactical Enhanced U.S. ETF has a 52 week low of $22.82 and a 52 week high of $36.73.

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.