Fairlead Tactical Sector ETF (NYSEARCA:TACK) Shares Purchased by Insight Wealth Partners LLC

Insight Wealth Partners LLC lifted its holdings in shares of Fairlead Tactical Sector ETF (NYSEARCA:TACK) by 1.6% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 52,329 shares of the company’s stock after buying an additional 803 shares during the period. Insight Wealth Partners LLC owned 0.63% of Fairlead Tactical Sector ETF worth $1,472,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. FMA Wealth Management LLC grew its stake in shares of Fairlead Tactical Sector ETF by 6.9% in the third quarter. FMA Wealth Management LLC now owns 48,947 shares of the company’s stock worth $1,377,000 after purchasing an additional 3,153 shares in the last quarter. Lokken Investment Group LLC grew its position in Fairlead Tactical Sector ETF by 8.0% in the 2nd quarter. Lokken Investment Group LLC now owns 60,374 shares of the company’s stock valued at $1,567,000 after buying an additional 4,457 shares in the last quarter. Finally, Cary Street Partners Asset Management LLC increased its stake 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 valued at $69,950,000 after buying an additional 30,457 shares during the period.

Fairlead Tactical Sector ETF Stock Up 0.4 %

Shares of Fairlead Tactical Sector ETF stock opened at $29.02 on Wednesday. Fairlead Tactical Sector ETF has a fifty-two week low of $23.76 and a fifty-two week high of $29.99. The business has a fifty day simple moving average of $28.21 and a 200-day simple moving average of $27.06. The firm has a market cap of $240.87 million, a price-to-earnings ratio of 8.01 and a beta of 0.60.

Fairlead Tactical Sector ETF Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, October 1st. Stockholders of record on Thursday, September 26th were issued a dividend of $0.1606 per share. The ex-dividend date was Thursday, September 26th.

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.