Wealth Enhancement Advisory Services LLC Sells 2,492 Shares of Direxion HCM Tactical Enhanced U.S. ETF (NYSEARCA:HCMT)

Wealth Enhancement Advisory Services LLC lessened its stake in shares of Direxion HCM Tactical Enhanced U.S. ETF (NYSEARCA:HCMT) by 3.8% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 63,001 shares of the company’s stock after selling 2,492 shares during the period. Wealth Enhancement Advisory Services LLC owned 0.66% of Direxion HCM Tactical Enhanced U.S. ETF worth $2,145,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Envestnet Portfolio Solutions Inc. raised its stake in Direxion HCM Tactical Enhanced U.S. ETF by 4.9% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 32,958 shares of the company’s stock valued at $1,020,000 after purchasing an additional 1,551 shares in the last quarter. Foundations Investment Advisors LLC raised its position in shares of Direxion HCM Tactical Enhanced U.S. ETF by 77.7% in the 4th quarter. Foundations Investment Advisors LLC now owns 111,342 shares of the company’s stock valued at $3,114,000 after buying an additional 48,684 shares in the last quarter. Atria Wealth Solutions Inc. lifted its holdings in shares of Direxion HCM Tactical Enhanced U.S. ETF by 91.1% during the 4th quarter. Atria Wealth Solutions Inc. now owns 29,761 shares of the company’s stock worth $793,000 after acquiring an additional 14,188 shares during the period. Delta Investment Management LLC bought a new stake in shares of Direxion HCM Tactical Enhanced U.S. ETF during the 4th quarter worth approximately $2,048,000. Finally, Orion Portfolio Solutions LLC boosted its position in shares of Direxion HCM Tactical Enhanced U.S. ETF by 43.7% during the 4th quarter. Orion Portfolio Solutions LLC now owns 1,080,359 shares of the company’s stock worth $28,262,000 after acquiring an additional 328,411 shares in the last quarter.

Direxion HCM Tactical Enhanced U.S. ETF Stock Performance

Shares of HCMT opened at $33.56 on Monday. The firm has a 50 day simple moving average of $33.46 and a two-hundred day simple moving average of $31.20. Direxion HCM Tactical Enhanced U.S. ETF has a one year low of $22.82 and a one year high of $36.73.

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.