Fairlead Tactical Sector ETF (NYSEARCA:TACK) Shares Sold by Wealthcare Advisory Partners LLC

Wealthcare Advisory Partners LLC lowered its position in Fairlead Tactical Sector ETF (NYSEARCA:TACK) by 2.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 30,180 shares of the company’s stock after selling 913 shares during the period. Wealthcare Advisory Partners LLC’s holdings in Fairlead Tactical Sector ETF were worth $825,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. FMA Wealth Management LLC boosted its holdings in shares of Fairlead Tactical Sector ETF by 6.9% in the 3rd quarter. FMA Wealth Management LLC now owns 48,947 shares of the company’s stock valued at $1,377,000 after acquiring an additional 3,153 shares during the last quarter. Insight Wealth Partners LLC lifted its position in Fairlead Tactical Sector ETF by 1.6% during the third quarter. Insight Wealth Partners LLC now owns 52,329 shares of the company’s stock valued at $1,472,000 after purchasing an additional 803 shares during the period. HighTower Advisors LLC boosted its holdings in Fairlead Tactical Sector ETF by 262.5% in the third quarter. HighTower Advisors LLC now owns 58,751 shares of the company’s stock valued at $1,653,000 after purchasing an additional 42,546 shares during the last quarter. Finally, Cary Street Partners Asset Management LLC grew its position in Fairlead Tactical Sector ETF by 1.2% during the 3rd quarter. Cary Street Partners Asset Management LLC now owns 2,486,557 shares of the company’s stock worth $69,950,000 after purchasing an additional 30,457 shares during the period.

Fairlead Tactical Sector ETF Stock Performance

NYSEARCA TACK opened at $27.88 on Monday. Fairlead Tactical Sector ETF has a fifty-two week low of $24.38 and a fifty-two week high of $29.99. The firm has a market capitalization of $231.40 million, a P/E ratio of 8.01 and a beta of 0.60. The stock has a 50-day simple moving average of $28.11 and a two-hundred day simple moving average of $27.60.

Fairlead Tactical Sector ETF Profile

The Fairlead Tactical Sector Fund (TACK) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund relies on a proprietary, technical model to actively manage a US large-cap sector rotation strategy. During periods deemed risk-off, the fund toggles the exposure to short- or long-term US Treasurys or gold TACK was launched on Mar 23, 2022 and is managed by Fairlead.