Discipline Wealth Solutions LLC Has $9.17 Million Position in Direxion HCM Tactical Enhanced U.S. ETF $HCMT

Discipline Wealth Solutions LLC reduced its holdings in Direxion HCM Tactical Enhanced U.S. ETF (NYSEARCA:HCMT) by 9.7% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 244,557 shares of the company’s stock after selling 26,226 shares during the quarter. Direxion HCM Tactical Enhanced U.S. ETF accounts for about 2.4% of Discipline Wealth Solutions LLC’s investment portfolio, making the stock its 11th largest holding. Discipline Wealth Solutions LLC owned about 1.62% of Direxion HCM Tactical Enhanced U.S. ETF worth $9,168,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of HCMT. Northwestern Mutual Wealth Management Co. acquired a new position in Direxion HCM Tactical Enhanced U.S. ETF during the first quarter worth $32,000. Osaic Holdings Inc. grew its position in shares of Direxion HCM Tactical Enhanced U.S. ETF by 40.9% in the 2nd quarter. Osaic Holdings Inc. now owns 1,723 shares of the company’s stock valued at $56,000 after acquiring an additional 500 shares during the period. Geneos Wealth Management Inc. acquired a new position in shares of Direxion HCM Tactical Enhanced U.S. ETF during the 2nd quarter worth about $240,000. AQR Capital Management LLC bought a new stake in shares of Direxion HCM Tactical Enhanced U.S. ETF in the 1st quarter valued at about $253,000. Finally, VestGen Investment Management acquired a new stake in Direxion HCM Tactical Enhanced U.S. ETF in the 2nd quarter valued at about $278,000.

Direxion HCM Tactical Enhanced U.S. ETF Trading Down 1.5%

Shares of NYSEARCA HCMT opened at $38.56 on Friday. The company has a market capitalization of $580.33 million, a P/E ratio of 21.26 and a beta of 1.83. Direxion HCM Tactical Enhanced U.S. ETF has a 12 month low of $24.58 and a 12 month high of $40.92. The stock has a 50 day moving average of $38.77 and a 200-day moving average of $36.15.

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