Vantage Financial Partners LLC Sells 502 Shares of Fairlead Tactical Sector ETF (NYSEARCA:TACK)

Vantage Financial Partners LLC reduced its holdings in shares of Fairlead Tactical Sector ETF (NYSEARCA:TACK) by 2.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 23,580 shares of the company’s stock after selling 502 shares during the quarter. Vantage Financial Partners LLC owned approximately 0.28% of Fairlead Tactical Sector ETF worth $612,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. FMA Wealth Management LLC purchased a new position in shares of Fairlead Tactical Sector ETF during the fourth quarter worth about $986,000. Commonwealth Equity Services LLC increased its position in Fairlead Tactical Sector ETF by 5.2% during the 1st quarter. Commonwealth Equity Services LLC now owns 293,302 shares of the company’s stock valued at $7,755,000 after purchasing an additional 14,455 shares during the period. Lokken Investment Group LLC raised its holdings in Fairlead Tactical Sector ETF by 12.8% in the 4th quarter. Lokken Investment Group LLC now owns 63,436 shares of the company’s stock worth $1,572,000 after purchasing an additional 7,182 shares in the last quarter. Finally, Insight Wealth Partners LLC boosted its stake in shares of Fairlead Tactical Sector ETF by 7.4% during the 2nd quarter. Insight Wealth Partners LLC now owns 51,526 shares of the company’s stock valued at $1,338,000 after purchasing an additional 3,552 shares in the last quarter.

Fairlead Tactical Sector ETF Stock Performance

Shares of NYSEARCA:TACK opened at $27.06 on Tuesday. Fairlead Tactical Sector ETF has a 52-week low of $22.23 and a 52-week high of $27.66. The firm has a market capitalization of $224.60 million, a P/E ratio of 8.01 and a beta of 0.60. The stock has a 50 day moving average price of $26.65 and a 200-day moving average price of $26.12.

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.