Direxion HCM Tactical Enhanced U.S. ETF $HCMT Stock Position Trimmed by CPR Investments Inc.

CPR Investments Inc. cut its stake in shares of Direxion HCM Tactical Enhanced U.S. ETF (NYSEARCA:HCMT) by 13.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 147,522 shares of the company’s stock after selling 22,974 shares during the quarter. Direxion HCM Tactical Enhanced U.S. ETF accounts for about 3.8% of CPR Investments Inc.’s holdings, making the stock its 10th biggest holding. CPR Investments Inc. owned approximately 0.98% of Direxion HCM Tactical Enhanced U.S. ETF worth $5,531,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Howard Capital Management Inc. raised its position in shares of Direxion HCM Tactical Enhanced U.S. ETF by 8.9% during the 2nd quarter. Howard Capital Management Inc. now owns 9,214,271 shares of the company’s stock valued at $300,201,000 after buying an additional 754,703 shares in the last quarter. Orion Porfolio Solutions LLC grew its position in Direxion HCM Tactical Enhanced U.S. ETF by 26.7% in the second quarter. Orion Porfolio Solutions LLC now owns 2,234,537 shares of the company’s stock worth $72,801,000 after acquiring an additional 470,325 shares in the last quarter. Discipline Wealth Solutions LLC increased its stake in Direxion HCM Tactical Enhanced U.S. ETF by 52.1% in the second quarter. Discipline Wealth Solutions LLC now owns 270,783 shares of the company’s stock valued at $8,822,000 after acquiring an additional 92,740 shares during the last quarter. Foundations Investment Advisors LLC increased its stake in Direxion HCM Tactical Enhanced U.S. ETF by 22.7% in the second quarter. Foundations Investment Advisors LLC now owns 221,406 shares of the company’s stock valued at $7,213,000 after acquiring an additional 41,033 shares during the last quarter. Finally, Delta Investment Management LLC raised its position in Direxion HCM Tactical Enhanced U.S. ETF by 32.0% during the second quarter. Delta Investment Management LLC now owns 120,994 shares of the company’s stock valued at $3,942,000 after purchasing an additional 29,313 shares in the last quarter.

Direxion HCM Tactical Enhanced U.S. ETF Stock Up 2.2%

Shares of HCMT stock opened at $38.70 on Monday. The business has a 50-day moving average price of $38.50 and a two-hundred day moving average price of $35.67. Direxion HCM Tactical Enhanced U.S. ETF has a 12-month low of $24.58 and a 12-month high of $40.92. The firm has a market cap of $582.44 million, a P/E ratio of 21.26 and a beta of 1.83.

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. HCMT was launched on Jun 22, 2023 and is managed by Direxion.