Evernest Financial Advisors LLC raised its position in Fairlead Tactical Sector ETF (NYSEARCA:TACK – Free Report) by 16.0% during the 4th quarter, HoldingsChannel reports. The fund owned 340,219 shares of the company’s stock after buying an additional 46,862 shares during the quarter. Fairlead Tactical Sector ETF comprises about 2.3% of Evernest Financial Advisors LLC’s portfolio, making the stock its 13th largest holding. Evernest Financial Advisors LLC’s holdings in Fairlead Tactical Sector ETF were worth $10,581,000 at the end of the most recent quarter.
Other institutional investors have also recently bought and sold shares of the company. Cary Street Partners Financial LLC raised its stake in shares of Fairlead Tactical Sector ETF by 0.3% during the 3rd quarter. Cary Street Partners Financial LLC now owns 2,625,513 shares of the company’s stock worth $78,792,000 after purchasing an additional 7,262 shares in the last quarter. Stifel Financial Corp lifted its position in shares of Fairlead Tactical Sector ETF by 2.1% during the 4th quarter. Stifel Financial Corp now owns 731,863 shares of the company’s stock valued at $21,934,000 after acquiring an additional 14,758 shares during the period. NBZ Investment Advisors LLC lifted its position in shares of Fairlead Tactical Sector ETF by 8.0% during the 4th quarter. NBZ Investment Advisors LLC now owns 318,519 shares of the company’s stock valued at $9,546,000 after acquiring an additional 23,681 shares during the period. Ameriprise Financial Inc. bought a new stake in shares of Fairlead Tactical Sector ETF during the 3rd quarter worth $6,600,000. Finally, Commonwealth Equity Services LLC lifted its position in shares of Fairlead Tactical Sector ETF by 62.1% during the 4th quarter. Commonwealth Equity Services LLC now owns 144,620 shares of the company’s stock worth $4,334,000 after buying an additional 55,399 shares during the last quarter.
Fairlead Tactical Sector ETF Stock Up 0.8%
Shares of TACK stock opened at $31.68 on Friday. The company has a market cap of $282.59 million, a P/E ratio of 17.28 and a beta of 0.51. Fairlead Tactical Sector ETF has a twelve month low of $27.74 and a twelve month high of $31.85. The business has a fifty day simple moving average of $31.00 and a 200 day simple moving average of $30.73.
Fairlead Tactical Sector ETF Company 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.
Featured Stories
- Five stocks we like better than Fairlead Tactical Sector ETF
- Time to Sell? 3 Winners With Fading Technical Momentum
- Why These 2 Hotel Stocks Are Beating Travel Peers
- This Energy Stock Has Quietly Soared 130% in a Year
- 3 ‘Boring’ Dividend Stocks With Tasty Technical Setups
Want to see what other hedge funds are holding TACK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fairlead Tactical Sector ETF (NYSEARCA:TACK – Free Report).
Receive News & Ratings for Fairlead Tactical Sector ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fairlead Tactical Sector ETF and related companies with MarketBeat.com's FREE daily email newsletter.
