Creative Financial Designs Inc. ADV Purchases New Holdings in Fairlead Tactical Sector ETF (NYSEARCA:TACK)

Creative Financial Designs Inc. ADV purchased a new stake in Fairlead Tactical Sector ETF (NYSEARCA:TACK) during the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 3,900 shares of the company’s stock, valued at approximately $107,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. IFP Advisors Inc lifted its stake in Fairlead Tactical Sector ETF by 149.5% in the 4th quarter. IFP Advisors Inc now owns 3,867 shares of the company’s stock valued at $106,000 after buying an additional 2,317 shares in the last quarter. Oregon Pacific Wealth Management LLC purchased a new position in Fairlead Tactical Sector ETF in the 4th quarter valued at about $232,000. Verity Asset Management Inc. purchased a new position in Fairlead Tactical Sector ETF in the 4th quarter worth approximately $247,000. Sigma Planning Corp purchased a new position in Fairlead Tactical Sector ETF in the 4th quarter worth approximately $479,000. Finally, Insight Wealth Partners LLC lifted its stake in Fairlead Tactical Sector ETF by 1.6% in the 3rd quarter. Insight Wealth Partners LLC now owns 52,329 shares of the company’s stock worth $1,472,000 after purchasing an additional 803 shares in the last quarter.

Fairlead Tactical Sector ETF Price Performance

TACK opened at $27.18 on Friday. The company’s 50 day simple moving average is $27.87 and its two-hundred day simple moving average is $27.99. Fairlead Tactical Sector ETF has a 1-year low of $24.85 and a 1-year high of $29.99. The firm has a market capitalization of $214.45 million, a price-to-earnings ratio of 21.81 and a beta of 0.56.

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.