Direxion HCM Tactical Enhanced U.S. ETF $HCMT is Discipline Wealth Solutions LLC’s 5th Largest Position

Discipline Wealth Solutions LLC lifted its stake in Direxion HCM Tactical Enhanced U.S. ETF (NYSEARCA:HCMT) by 301.7% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,057,983 shares of the company’s stock after purchasing an additional 794,616 shares during the period. Direxion HCM Tactical Enhanced U.S. ETF accounts for approximately 3.9% of Discipline Wealth Solutions LLC’s holdings, making the stock its 5th largest position. Discipline Wealth Solutions LLC owned about 7.18% of Direxion HCM Tactical Enhanced U.S. ETF worth $37,230,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Arete Wealth Advisors LLC raised its position in shares of Direxion HCM Tactical Enhanced U.S. ETF by 66.8% during the 3rd quarter. Arete Wealth Advisors LLC now owns 134,914 shares of the company’s stock valued at $5,058,000 after purchasing an additional 54,015 shares during the period. CPR Investments Inc. increased its holdings in shares of Direxion HCM Tactical Enhanced U.S. ETF by 35.7% in the fourth quarter. CPR Investments Inc. now owns 200,182 shares of the company’s stock worth $7,719,000 after purchasing an additional 52,660 shares during the last quarter. Orion Porfolio Solutions LLC raised its holdings in shares of Direxion HCM Tactical Enhanced U.S. ETF by 1.5% during the 3rd quarter. Orion Porfolio Solutions LLC now owns 2,266,959 shares of the company’s stock worth $84,988,000 after acquiring an additional 32,422 shares in the last quarter. Aegis Wealth Management Inc. purchased a new stake in Direxion HCM Tactical Enhanced U.S. ETF during the fourth quarter valued at $2,509,000. Finally, LPL Financial LLC raised its position in shares of Direxion HCM Tactical Enhanced U.S. ETF by 12.9% during the 4th quarter. LPL Financial LLC now owns 342,893 shares of the company’s stock valued at $13,222,000 after buying an additional 39,131 shares in the last quarter.

Direxion HCM Tactical Enhanced U.S. ETF Price Performance

Shares of HCMT stock opened at $42.22 on Tuesday. The stock’s 50 day simple moving average is $39.36 and its two-hundred day simple moving average is $38.42. Direxion HCM Tactical Enhanced U.S. ETF has a 1 year low of $29.80 and a 1 year high of $43.19. The company has a market cap of $629.08 million, a PE ratio of 21.26 and a beta of 1.61.

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