Fairlead Tactical Sector ETF $TACK Shares Bought by Evernest Financial Advisors LLC

Evernest Financial Advisors LLC raised its holdings in Fairlead Tactical Sector ETF (NYSEARCA:TACK) by 16.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 340,219 shares of the company’s stock after acquiring an additional 46,862 shares during the quarter. Fairlead Tactical Sector ETF accounts for about 2.3% of Evernest Financial Advisors LLC’s portfolio, making the stock its 13th biggest holding. Evernest Financial Advisors LLC owned 3.82% of Fairlead Tactical Sector ETF worth $10,581,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of TACK. NewEdge Advisors LLC increased its holdings in Fairlead Tactical Sector ETF by 9.3% in the first quarter. NewEdge Advisors LLC now owns 32,310 shares of the company’s stock worth $879,000 after buying an additional 2,747 shares during the last quarter. Jane Street Group LLC boosted its position in Fairlead Tactical Sector ETF by 183.3% during the second quarter. Jane Street Group LLC now owns 41,523 shares of the company’s stock worth $1,172,000 after purchasing an additional 26,864 shares during the period. Wealthcare Advisory Partners LLC boosted its position in shares of Fairlead Tactical Sector ETF by 2.1% in the third quarter. Wealthcare Advisory Partners LLC now owns 16,601 shares of the company’s stock valued at $498,000 after acquiring an additional 344 shares during the period. Cary Street Partners Financial LLC boosted its position in shares of Fairlead Tactical Sector ETF by 0.3% in the third quarter. Cary Street Partners Financial LLC now owns 2,625,513 shares of the company’s stock valued at $78,792,000 after acquiring an additional 7,262 shares during the period. Finally, NBZ Investment Advisors LLC lifted its position in Fairlead Tactical Sector ETF by 6.2% in the third quarter. NBZ Investment Advisors LLC now owns 294,838 shares of the company’s stock worth $8,848,000 after purchasing an additional 17,152 shares during the period.

Fairlead Tactical Sector ETF Stock Up 0.8%

Shares of TACK opened at $31.68 on Friday. The stock has a market cap of $282.59 million, a price-to-earnings ratio of 17.28 and a beta of 0.51. The company has a 50-day moving average price of $31.00 and a two-hundred day moving average price of $30.73. Fairlead Tactical Sector ETF has a 12 month low of $27.74 and a 12 month high of $31.85.

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.