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

CPR Investments Inc. raised its position in shares of Direxion HCM Tactical Enhanced U.S. ETF (NYSEARCA:HCMT) by 35.7% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 200,182 shares of the company’s stock after buying an additional 52,660 shares during the quarter. Direxion HCM Tactical Enhanced U.S. ETF comprises about 4.7% of CPR Investments Inc.’s investment portfolio, making the stock its 8th largest holding. CPR Investments Inc. owned approximately 1.34% of Direxion HCM Tactical Enhanced U.S. ETF worth $7,719,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of HCMT. Osaic Holdings Inc. grew its holdings in Direxion HCM Tactical Enhanced U.S. ETF by 40.9% in the second quarter. Osaic Holdings Inc. now owns 1,723 shares of the company’s stock worth $56,000 after purchasing an additional 500 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in Direxion HCM Tactical Enhanced U.S. ETF by 472.0% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 6,000 shares of the company’s stock worth $195,000 after buying an additional 4,951 shares during the last quarter. Axxcess Wealth Management LLC acquired a new position in Direxion HCM Tactical Enhanced U.S. ETF during the 3rd quarter valued at about $207,000. Geneos Wealth Management Inc. purchased a new stake in Direxion HCM Tactical Enhanced U.S. ETF in the second quarter valued at about $240,000. Finally, AQR Capital Management LLC acquired a new stake in Direxion HCM Tactical Enhanced U.S. ETF in the first quarter worth about $253,000.

Direxion HCM Tactical Enhanced U.S. ETF Stock Down 0.1%

HCMT opened at $35.18 on Friday. The firm’s 50-day moving average price is $37.58 and its 200-day moving average price is $38.07. Direxion HCM Tactical Enhanced U.S. ETF has a 52-week low of $24.58 and a 52-week high of $40.92. The company has a market cap of $523.48 million, a P/E ratio of 21.26 and a beta of 1.83.

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.