Strategic Financial Concepts LLC Takes $1.35 Million Position in Direxion HCM Tactical Enhanced U.S. ETF (NYSEARCA:HCMT)

Strategic Financial Concepts LLC acquired a new position in Direxion HCM Tactical Enhanced U.S. ETF (NYSEARCA:HCMT) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 37,392 shares of the company’s stock, valued at approximately $1,349,000. Strategic Financial Concepts LLC owned 0.39% of Direxion HCM Tactical Enhanced U.S. ETF as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Foundations Investment Advisors LLC lifted its position in Direxion HCM Tactical Enhanced U.S. ETF by 5.1% in the fourth quarter. Foundations Investment Advisors LLC now owns 183,486 shares of the company’s stock worth $6,621,000 after purchasing an additional 8,954 shares during the period. World Investment Advisors LLC bought a new stake in shares of Direxion HCM Tactical Enhanced U.S. ETF in the 3rd quarter worth $240,000. Discipline Wealth Solutions LLC bought a new stake in shares of Direxion HCM Tactical Enhanced U.S. ETF in the 3rd quarter worth $5,459,000. Arete Wealth Advisors LLC lifted its holdings in shares of Direxion HCM Tactical Enhanced U.S. ETF by 28.7% in the third quarter. Arete Wealth Advisors LLC now owns 18,172 shares of the company’s stock valued at $633,000 after buying an additional 4,049 shares during the period. Finally, Orion Portfolio Solutions LLC boosted its stake in Direxion HCM Tactical Enhanced U.S. ETF by 17.7% during the third quarter. Orion Portfolio Solutions LLC now owns 1,482,805 shares of the company’s stock valued at $52,269,000 after buying an additional 222,471 shares in the last quarter.

Direxion HCM Tactical Enhanced U.S. ETF Stock Up 0.6 %

NYSEARCA:HCMT opened at $39.13 on Wednesday. The business’s 50-day moving average price is $37.45 and its 200 day moving average price is $35.81. Direxion HCM Tactical Enhanced U.S. ETF has a 52-week low of $27.16 and a 52-week high of $39.52.

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.