Arete Wealth Advisors LLC Purchases 4,049 Shares of Direxion HCM Tactical Enhanced U.S. ETF (NYSEARCA:HCMT)

Arete Wealth Advisors LLC grew its position in Direxion HCM Tactical Enhanced U.S. ETF (NYSEARCA:HCMT) by 28.7% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 18,172 shares of the company’s stock after purchasing an additional 4,049 shares during the quarter. Arete Wealth Advisors LLC owned approximately 0.19% of Direxion HCM Tactical Enhanced U.S. ETF worth $633,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of the company. Howard Capital Management Inc. grew its holdings in Direxion HCM Tactical Enhanced U.S. ETF by 5.9% in the second quarter. Howard Capital Management Inc. now owns 5,428,745 shares of the company’s stock worth $184,876,000 after purchasing an additional 300,635 shares during the period. Orion Portfolio Solutions LLC boosted its position in shares of 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 purchasing an additional 222,471 shares in the last quarter. Axxcess Wealth Management LLC grew its stake in shares of Direxion HCM Tactical Enhanced U.S. ETF by 304.4% in the 2nd quarter. Axxcess Wealth Management LLC now owns 53,198 shares of the company’s stock valued at $1,811,000 after buying an additional 40,043 shares during the period. Foundations Investment Advisors LLC increased its position in Direxion HCM Tactical Enhanced U.S. ETF by 29.3% in the 3rd quarter. Foundations Investment Advisors LLC now owns 174,532 shares of the company’s stock valued at $6,152,000 after buying an additional 39,538 shares in the last quarter. Finally, Ndwm LLC bought a new stake in Direxion HCM Tactical Enhanced U.S. ETF in the 2nd quarter valued at about $665,000.

Direxion HCM Tactical Enhanced U.S. ETF Trading Down 1.0 %

Shares of NYSEARCA:HCMT opened at $38.28 on Friday. Direxion HCM Tactical Enhanced U.S. ETF has a 52-week low of $25.18 and a 52-week high of $39.52. The business’s 50 day simple moving average is $36.82 and its two-hundred day simple moving average is $34.56.

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.