Optivise Advisory Services LLC Has $2.08 Million Stock Position in Direxion HCM Tactical Enhanced U.S. ETF $HCMT

Optivise Advisory Services LLC raised its holdings in Direxion HCM Tactical Enhanced U.S. ETF (NYSEARCA:HCMT) by 156.1% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 55,570 shares of the company’s stock after acquiring an additional 33,870 shares during the quarter. Direxion HCM Tactical Enhanced U.S. ETF accounts for 1.2% of Optivise Advisory Services LLC’s investment portfolio, making the stock its 17th biggest holding. Optivise Advisory Services LLC’s holdings in Direxion HCM Tactical Enhanced U.S. ETF were worth $2,083,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of the stock. Osaic Holdings Inc. increased its position in Direxion HCM Tactical Enhanced U.S. ETF by 40.9% in the 2nd quarter. Osaic Holdings Inc. now owns 1,723 shares of the company’s stock valued at $56,000 after buying an additional 500 shares in the last quarter. Orion Porfolio Solutions LLC increased its holdings in shares of Direxion HCM Tactical Enhanced U.S. ETF by 26.7% during the second quarter. Orion Porfolio Solutions LLC now owns 2,234,537 shares of the company’s stock valued at $72,801,000 after acquiring an additional 470,325 shares in the last quarter. Coppell Advisory Solutions LLC increased its holdings in shares of Direxion HCM Tactical Enhanced U.S. ETF by 2.3% during the second quarter. Coppell Advisory Solutions LLC now owns 13,667 shares of the company’s stock valued at $440,000 after acquiring an additional 310 shares in the last quarter. Geneos Wealth Management Inc. acquired a new position in shares of Direxion HCM Tactical Enhanced U.S. ETF during the second quarter worth approximately $240,000. Finally, Crosspoint Financial LLC lifted its holdings in shares of Direxion HCM Tactical Enhanced U.S. ETF by 4.8% in the 2nd quarter. Crosspoint Financial LLC now owns 42,550 shares of the company’s stock worth $1,386,000 after purchasing an additional 1,937 shares in the last quarter.

Direxion HCM Tactical Enhanced U.S. ETF Trading Down 0.0%

Shares of HCMT stock opened at $39.63 on Monday. The firm has a market capitalization of $596.43 million, a PE ratio of 21.26 and a beta of 1.83. The firm has a fifty day simple moving average of $38.72 and a two-hundred day simple moving average of $35.99. Direxion HCM Tactical Enhanced U.S. ETF has a 12 month low of $24.58 and a 12 month high of $40.92.

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. HCMT was launched on Jun 22, 2023 and is managed by Direxion.