Kestra Private Wealth Services LLC Acquires Shares of 11,232 Fairlead Tactical Sector ETF (NYSEARCA:TACK)

Kestra Private Wealth Services LLC acquired a new position in shares of Fairlead Tactical Sector ETF (NYSEARCA:TACK) in the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 11,232 shares of the company’s stock, valued at approximately $278,000. Kestra Private Wealth Services LLC owned about 0.11% of Fairlead Tactical Sector ETF at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Stock Yards Bank & Trust Co. purchased a new stake in Fairlead Tactical Sector ETF during the 4th quarter worth about $211,000. Atria Wealth Solutions Inc. purchased a new stake in Fairlead Tactical Sector ETF during the third quarter worth approximately $232,000. Core Wealth Advisors Inc. boosted its holdings in Fairlead Tactical Sector ETF by 15.2% in the third quarter. Core Wealth Advisors Inc. now owns 16,182 shares of the company’s stock valued at $367,000 after purchasing an additional 2,138 shares in the last quarter. RiverTree Advisors LLC purchased a new position in Fairlead Tactical Sector ETF in the fourth quarter valued at approximately $403,000. Finally, Insight Wealth Partners LLC raised its holdings in Fairlead Tactical Sector ETF by 6.6% during the third quarter. Insight Wealth Partners LLC now owns 42,141 shares of the company’s stock worth $955,000 after purchasing an additional 2,592 shares in the last quarter.

Fairlead Tactical Sector ETF Trading Down 0.2 %

Shares of Fairlead Tactical Sector ETF stock opened at $25.67 on Thursday. The company has a fifty day simple moving average of $25.75 and a 200-day simple moving average of $24.81. The stock has a market cap of $213.05 million, a price-to-earnings ratio of 8.01 and a beta of 0.60. Fairlead Tactical Sector ETF has a 12-month low of $22.23 and a 12-month high of $26.48.

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.