Partners Wealth Management LLC Purchases New Position in Direxion HCM Tactical Enhanced U.S. ETF (NYSEARCA:HCMT)

Partners Wealth Management LLC acquired a new stake in Direxion HCM Tactical Enhanced U.S. ETF (NYSEARCA:HCMT) in the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 6,201 shares of the company’s stock, valued at approximately $224,000.

Other large investors have also added to or reduced their stakes in the company. J.W. Cole Advisors Inc. lifted its position in Direxion HCM Tactical Enhanced U.S. ETF by 23.9% during the third quarter. J.W. Cole Advisors Inc. now owns 9,729 shares of the company’s stock valued at $343,000 after purchasing an additional 1,875 shares during the last quarter. IHT Wealth Management LLC boosted its stake in shares of Direxion HCM Tactical Enhanced U.S. ETF by 47.5% during the third quarter. IHT Wealth Management LLC now owns 8,878 shares of the company’s stock valued at $309,000 after purchasing an additional 2,858 shares during the period. Orion Portfolio Solutions LLC grew its holdings in Direxion HCM Tactical Enhanced U.S. ETF by 17.7% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 1,482,805 shares of the company’s stock worth $52,269,000 after acquiring an additional 222,471 shares during the last quarter. Arete Wealth Advisors LLC increased its holdings in Direxion HCM Tactical Enhanced U.S. ETF by 28.7% during the 3rd quarter. Arete Wealth Advisors LLC now owns 18,172 shares of the company’s stock valued at $633,000 after purchasing an additional 4,049 shares during the period. Finally, Discipline Wealth Solutions LLC bought a new position in shares of Direxion HCM Tactical Enhanced U.S. ETF during the third quarter valued at approximately $5,459,000.

Direxion HCM Tactical Enhanced U.S. ETF Stock Performance

Shares of HCMT opened at $37.43 on Monday. The company has a 50-day simple moving average of $37.45 and a two-hundred day simple moving average of $36.07. Direxion HCM Tactical Enhanced U.S. ETF has a one year low of $27.16 and a one year high of $39.52.

Direxion HCM Tactical Enhanced U.S. ETF 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.