Oregon Pacific Wealth Management LLC Invests $232,000 in Fairlead Tactical Sector ETF (NYSEARCA:TACK)

Oregon Pacific Wealth Management LLC acquired a new position in Fairlead Tactical Sector ETF (NYSEARCA:TACK) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 8,480 shares of the company’s stock, valued at approximately $232,000. Oregon Pacific Wealth Management LLC owned approximately 0.10% of Fairlead Tactical Sector ETF as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. HighTower Advisors LLC lifted its position in shares of Fairlead Tactical Sector ETF by 262.5% in the third quarter. HighTower Advisors LLC now owns 58,751 shares of the company’s stock worth $1,653,000 after purchasing an additional 42,546 shares in the last quarter. Insight Wealth Partners LLC lifted its position in shares of Fairlead Tactical Sector ETF by 1.6% in the third 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. Cary Street Partners Asset Management LLC raised its position in Fairlead Tactical Sector ETF by 1.2% during the third quarter. Cary Street Partners Asset Management LLC now owns 2,486,557 shares of the company’s stock worth $69,950,000 after acquiring an additional 30,457 shares in the last quarter. Finally, FMA Wealth Management LLC raised its position in Fairlead Tactical Sector ETF by 6.9% during the third quarter. FMA Wealth Management LLC now owns 48,947 shares of the company’s stock worth $1,377,000 after acquiring an additional 3,153 shares in the last quarter.

Fairlead Tactical Sector ETF Trading Down 0.5 %

NYSEARCA TACK opened at $28.21 on Monday. The firm’s fifty day moving average price is $28.05 and its two-hundred day moving average price is $27.72. Fairlead Tactical Sector ETF has a 1 year low of $24.84 and a 1 year high of $29.99. The firm has a market capitalization of $234.14 million, a P/E ratio of 8.01 and a beta of 0.60.

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.