Foundations Investment Advisors LLC Acquires 8,954 Shares of Direxion HCM Tactical Enhanced U.S. ETF (NYSEARCA:HCMT)

Foundations Investment Advisors LLC raised its holdings in shares of Direxion HCM Tactical Enhanced U.S. ETF (NYSEARCA:HCMT) by 5.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 183,486 shares of the company’s stock after acquiring an additional 8,954 shares during the period. Foundations Investment Advisors LLC owned approximately 1.93% of Direxion HCM Tactical Enhanced U.S. ETF worth $6,621,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the stock. Envestnet Asset Management Inc. boosted its position in shares of Direxion HCM Tactical Enhanced U.S. ETF by 9.8% during the second quarter. Envestnet Asset Management Inc. now owns 117,399 shares of the company’s stock worth $3,997,000 after purchasing an additional 10,431 shares in the last quarter. J.W. Cole Advisors Inc. increased its position in shares of Direxion HCM Tactical Enhanced U.S. ETF by 23.9% in the 3rd quarter. J.W. Cole Advisors Inc. now owns 9,729 shares of the company’s stock valued at $343,000 after buying an additional 1,875 shares in the last quarter. Orion Portfolio Solutions LLC raised its stake in Direxion HCM Tactical Enhanced U.S. ETF by 17.7% during the 3rd quarter. Orion Portfolio Solutions LLC now owns 1,482,805 shares of the company’s stock worth $52,269,000 after buying an additional 222,471 shares during the period. World Investment Advisors LLC bought a new position in Direxion HCM Tactical Enhanced U.S. ETF during the third quarter worth about $240,000. Finally, Arete Wealth Advisors LLC grew its stake in 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 acquiring an additional 4,049 shares during the period.

Direxion HCM Tactical Enhanced U.S. ETF Stock Performance

Shares of Direxion HCM Tactical Enhanced U.S. ETF stock opened at $36.56 on Tuesday. Direxion HCM Tactical Enhanced U.S. ETF has a 1 year low of $27.16 and a 1 year high of $39.52. The business has a 50-day moving average of $37.47 and a two-hundred day moving average of $35.36.

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.