Howard Capital Management Inc. Boosts Position in Direxion HCM Tactical Enhanced U.S. ETF (NYSEARCA:HCMT)

Howard Capital Management Inc. boosted its holdings in shares of Direxion HCM Tactical Enhanced U.S. ETF (NYSEARCA:HCMT) by 3.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,257,017 shares of the company’s stock after acquiring an additional 269,091 shares during the quarter. Direxion HCM Tactical Enhanced U.S. ETF accounts for about 3.8% of Howard Capital Management Inc.’s portfolio, making the stock its 8th largest position. Howard Capital Management Inc. owned 86.64% of Direxion HCM Tactical Enhanced U.S. ETF worth $297,971,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Private Advisor Group LLC bought a new stake in Direxion HCM Tactical Enhanced U.S. ETF during the 4th quarter worth approximately $301,000. Atria Wealth Solutions Inc. boosted its stake in shares of Direxion HCM Tactical Enhanced U.S. ETF by 283.7% in the 4th quarter. Atria Wealth Solutions Inc. now owns 125,235 shares of the company’s stock valued at $4,519,000 after purchasing an additional 92,598 shares during the last quarter. J.W. Cole Advisors Inc. boosted its stake in shares of Direxion HCM Tactical Enhanced U.S. ETF by 32.0% in the 4th quarter. J.W. Cole Advisors Inc. now owns 12,840 shares of the company’s stock valued at $463,000 after purchasing an additional 3,111 shares during the last quarter. Strategic Financial Concepts LLC bought a new stake in shares of Direxion HCM Tactical Enhanced U.S. ETF in the 4th quarter valued at $1,349,000. Finally, Foundations Investment Advisors LLC boosted its stake in shares of Direxion HCM Tactical Enhanced U.S. ETF by 5.1% in the 4th quarter. Foundations Investment Advisors LLC now owns 183,486 shares of the company’s stock valued at $6,621,000 after purchasing an additional 8,954 shares during the last quarter.

Direxion HCM Tactical Enhanced U.S. ETF Stock Down 3.6 %

NYSEARCA:HCMT opened at $37.43 on Friday. The firm’s fifty day moving average is $37.45 and its 200-day moving average is $36.02. Direxion HCM Tactical Enhanced U.S. ETF has a 52 week low of $27.16 and a 52 week 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.