Fairlead Tactical Sector ETF $TACK Shares Sold by Sigma Planning Corp

Sigma Planning Corp lowered its stake in shares of Fairlead Tactical Sector ETF (NYSEARCA:TACK) by 58.6% during the fourth quarter, Holdings Channel reports. The fund owned 13,235 shares of the company’s stock after selling 18,769 shares during the quarter. Sigma Planning Corp’s holdings in Fairlead Tactical Sector ETF were worth $397,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the stock. Cary Street Partners Financial LLC boosted its stake in shares of Fairlead Tactical Sector ETF by 0.3% during 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 last quarter. NBZ Investment Advisors LLC boosted its stake in shares of Fairlead Tactical Sector ETF by 6.2% during the third quarter. NBZ Investment Advisors LLC now owns 294,838 shares of the company’s stock valued at $8,848,000 after acquiring an additional 17,152 shares during the last quarter. Evernest Financial Advisors LLC acquired a new stake in shares of Fairlead Tactical Sector ETF during the third quarter valued at $8,804,000. Ameriprise Financial Inc. purchased a new position in Fairlead Tactical Sector ETF during the third quarter worth about $6,600,000. Finally, NewEdge Advisors LLC lifted its position in Fairlead Tactical Sector ETF by 178.4% during the second quarter. NewEdge Advisors LLC now owns 89,952 shares of the company’s stock worth $2,539,000 after buying an additional 57,642 shares during the period.

Fairlead Tactical Sector ETF Trading Up 0.5%

NYSEARCA TACK opened at $31.11 on Thursday. The business’s 50-day moving average price is $30.84 and its 200 day moving average price is $30.49. Fairlead Tactical Sector ETF has a twelve month low of $27.30 and a twelve month high of $31.85. The company has a market capitalization of $277.50 million, a PE ratio of 17.28 and a beta of 0.52.

About Fairlead Tactical Sector ETF

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.