Direxion HCM Tactical Enhanced U.S. ETF (NYSEARCA:HCMT) Shares Sold by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC decreased its position in shares of Direxion HCM Tactical Enhanced U.S. ETF (NYSEARCA:HCMT) by 14.5% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 65,493 shares of the company’s stock after selling 11,118 shares during the period. Wealth Enhancement Advisory Services LLC owned 0.70% of Direxion HCM Tactical Enhanced U.S. ETF worth $2,026,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the company. Orion Portfolio Solutions LLC increased its position in Direxion HCM Tactical Enhanced U.S. ETF by 43.7% during the fourth quarter. Orion Portfolio Solutions LLC now owns 1,080,359 shares of the company’s stock worth $28,262,000 after buying an additional 328,411 shares during the period. Foundations Investment Advisors LLC increased its holdings in shares of Direxion HCM Tactical Enhanced U.S. ETF by 77.7% in the fourth quarter. Foundations Investment Advisors LLC now owns 111,342 shares of the company’s stock valued at $3,114,000 after purchasing an additional 48,684 shares during the period. Envestnet Portfolio Solutions Inc. increased its holdings in shares of Direxion HCM Tactical Enhanced U.S. ETF by 69.7% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 31,407 shares of the company’s stock valued at $836,000 after purchasing an additional 12,904 shares during the period. Delta Investment Management LLC acquired a new position in shares of Direxion HCM Tactical Enhanced U.S. ETF in the fourth quarter valued at approximately $2,048,000. Finally, Atria Wealth Solutions Inc. increased its holdings in shares of Direxion HCM Tactical Enhanced U.S. ETF by 91.1% in the fourth quarter. Atria Wealth Solutions Inc. now owns 29,761 shares of the company’s stock valued at $793,000 after purchasing an additional 14,188 shares during the period.

Direxion HCM Tactical Enhanced U.S. ETF Price Performance

NYSEARCA:HCMT opened at $35.12 on Friday. The stock’s 50 day simple moving average is $31.98 and its 200-day simple moving average is $29.79. Direxion HCM Tactical Enhanced U.S. ETF has a 12-month low of $22.82 and a 12-month high of $35.20.

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.