13,554 Shares in Direxion HCM Tactical Enhanced U.S. ETF $HCMT Bought by Tucker Asset Management LLC

Tucker Asset Management LLC purchased a new position in Direxion HCM Tactical Enhanced U.S. ETF (NYSEARCA:HCMT) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 13,554 shares of the company’s stock, valued at approximately $568,000. Tucker Asset Management LLC owned about 0.09% of Direxion HCM Tactical Enhanced U.S. ETF as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in HCMT. Wealth Watch Advisors INC grew its holdings in Direxion HCM Tactical Enhanced U.S. ETF by 8.5% in the 1st quarter. Wealth Watch Advisors INC now owns 392,248 shares of the company’s stock worth $13,803,000 after acquiring an additional 30,783 shares during the last quarter. NewEdge Advisors LLC raised its stake in shares of Direxion HCM Tactical Enhanced U.S. ETF by 110.5% during the first quarter. NewEdge Advisors LLC now owns 233,646 shares of the company’s stock valued at $8,222,000 after acquiring an additional 122,632 shares during the last quarter. Discipline Wealth Solutions LLC boosted its holdings in shares of Direxion HCM Tactical Enhanced U.S. ETF by 301.7% during the first quarter. Discipline Wealth Solutions LLC now owns 1,057,983 shares of the company’s stock worth $37,230,000 after purchasing an additional 794,616 shares during the period. Aegis Wealth Management Inc. purchased a new stake in shares of Direxion HCM Tactical Enhanced U.S. ETF during the fourth quarter worth about $2,509,000. Finally, Global Assets Advisory LLC grew its stake in shares of Direxion HCM Tactical Enhanced U.S. ETF by 3.2% in the fourth quarter. Global Assets Advisory LLC now owns 16,107 shares of the company’s stock worth $621,000 after purchasing an additional 495 shares during the last quarter.

Direxion HCM Tactical Enhanced U.S. ETF Price Performance

Shares of NYSEARCA:HCMT opened at $41.54 on Monday. The stock’s 50-day moving average is $40.56 and its 200 day moving average is $39.01. The company has a market cap of $607.31 million, a PE ratio of 21.26 and a beta of 1.63. Direxion HCM Tactical Enhanced U.S. ETF has a 1 year low of $34.19 and a 1 year high of $43.19.

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