Howard Capital Management Inc. Has $297.97 Million Stock Position in Direxion HCM Tactical Enhanced U.S. ETF (NYSEARCA:HCMT)

Howard Capital Management Inc. grew its holdings in shares of Direxion HCM Tactical Enhanced U.S. ETF (NYSEARCA:HCMT) by 3.4% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,257,017 shares of the company’s stock after purchasing an additional 269,091 shares during the quarter. Direxion HCM Tactical Enhanced U.S. ETF comprises approximately 3.8% of Howard Capital Management Inc.’s portfolio, making the stock its 8th biggest holding. Howard Capital Management Inc. owned 0.87% of Direxion HCM Tactical Enhanced U.S. ETF worth $297,971,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. J.W. Cole Advisors Inc. grew its stake in Direxion HCM Tactical Enhanced U.S. ETF by 23.9% during the third quarter. J.W. Cole Advisors Inc. now owns 9,729 shares of the company’s stock valued at $343,000 after acquiring an additional 1,875 shares in the last quarter. IHT Wealth Management LLC grew its stake in Direxion HCM Tactical Enhanced U.S. ETF by 47.5% during the third quarter. IHT Wealth Management LLC now owns 8,878 shares of the company’s stock valued at $309,000 after acquiring an additional 2,858 shares in the last quarter. Orion Portfolio Solutions LLC grew 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 acquiring an additional 222,471 shares in the last quarter. Arete Wealth Advisors LLC grew its stake in Direxion HCM Tactical Enhanced U.S. ETF by 28.7% during the third quarter. Arete Wealth Advisors LLC now owns 18,172 shares of the company’s stock valued at $633,000 after acquiring an additional 4,049 shares in the last quarter. Finally, Discipline Wealth Solutions LLC purchased a new position in Direxion HCM Tactical Enhanced U.S. ETF during the third quarter valued at approximately $5,459,000.

Direxion HCM Tactical Enhanced U.S. ETF Stock Down 3.6 %

Shares of NYSEARCA:HCMT opened at $37.43 on Friday. The company has a 50 day moving average of $37.45 and a 200 day moving average of $36.02. Direxion HCM Tactical Enhanced U.S. ETF has a 12 month low of $27.16 and a 12 month high of $39.52.

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.