Coppell Advisory Solutions LLC Has $404,000 Stake in Direxion HCM Tactical Enhanced U.S. ETF $HCMT

Coppell Advisory Solutions LLC lifted its stake in shares of Direxion HCM Tactical Enhanced U.S. ETF (NYSEARCA:HCMT) by 8.0% during the first quarter, Holdings Channel reports. The fund owned 13,357 shares of the company’s stock after buying an additional 994 shares during the quarter. Coppell Advisory Solutions LLC’s holdings in Direxion HCM Tactical Enhanced U.S. ETF were worth $404,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. IFP Advisors Inc increased its stake in Direxion HCM Tactical Enhanced U.S. ETF by 5.6% during the 1st quarter. IFP Advisors Inc now owns 10,701 shares of the company’s stock valued at $323,000 after purchasing an additional 566 shares in the last quarter. Northwestern Mutual Wealth Management Co. bought a new position in Direxion HCM Tactical Enhanced U.S. ETF during the first quarter valued at about $32,000. Delta Investment Management LLC grew its position in Direxion HCM Tactical Enhanced U.S. ETF by 1.2% during the first quarter. Delta Investment Management LLC now owns 91,681 shares of the company’s stock valued at $2,770,000 after buying an additional 1,075 shares during the period. CWM LLC purchased a new stake in Direxion HCM Tactical Enhanced U.S. ETF during the first quarter valued at about $42,000. Finally, Partners Wealth Management LLC lifted its holdings in Direxion HCM Tactical Enhanced U.S. ETF by 25.3% during the first quarter. Partners Wealth Management LLC now owns 7,772 shares of the company’s stock valued at $235,000 after purchasing an additional 1,571 shares during the last quarter.

Direxion HCM Tactical Enhanced U.S. ETF Trading Up 0.6%

Shares of Direxion HCM Tactical Enhanced U.S. ETF stock opened at $35.09 on Tuesday. Direxion HCM Tactical Enhanced U.S. ETF has a 12-month low of $24.58 and a 12-month high of $39.52. The company has a market cap of $522.14 million, a price-to-earnings ratio of 21.26 and a beta of 1.80. The company’s 50-day moving average price is $33.94 and its 200-day moving average price is $31.15.

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.