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

Creative Financial Designs Inc. ADV purchased a new position in shares of Fairlead Tactical Sector ETF (NYSEARCA:TACK) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 3,900 shares of the company’s stock, valued at approximately $107,000.

Several other hedge funds have also modified their holdings of the company. Commonwealth Equity Services LLC boosted its stake in shares of Fairlead Tactical Sector ETF by 4.7% during the 4th quarter. Commonwealth Equity Services LLC now owns 304,512 shares of the company’s stock worth $8,328,000 after acquiring an additional 13,671 shares in the last quarter. HighTower Advisors LLC boosted its stake in shares of Fairlead Tactical Sector ETF by 262.5% during the 3rd quarter. HighTower Advisors LLC now owns 58,751 shares of the company’s stock worth $1,653,000 after acquiring an additional 42,546 shares in the last quarter. Insight Wealth Partners LLC boosted its stake in shares of Fairlead Tactical Sector ETF by 1.6% during the 3rd quarter. Insight Wealth Partners LLC now owns 52,329 shares of the company’s stock worth $1,472,000 after acquiring an additional 803 shares in the last quarter. Sigma Planning Corp purchased a new stake in shares of Fairlead Tactical Sector ETF during the 4th quarter worth about $479,000. Finally, Verity Asset Management Inc. purchased a new stake in shares of Fairlead Tactical Sector ETF during the 4th quarter worth about $247,000.

Fairlead Tactical Sector ETF Stock Down 0.2 %

TACK stock opened at $27.18 on Friday. The company’s 50-day simple moving average is $27.87 and its 200-day simple moving average is $27.99. Fairlead Tactical Sector ETF has a 52-week low of $24.85 and a 52-week high of $29.99. The firm has a market cap of $214.45 million, a P/E ratio of 21.81 and a beta of 0.56.

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.