Stock Yards Bank & Trust Co. Invests $211,000 in Fairlead Tactical Sector ETF (NYSEARCA:TACK)

Stock Yards Bank & Trust Co. purchased a new position in shares of Fairlead Tactical Sector ETF (NYSEARCA:TACK) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 8,500 shares of the company’s stock, valued at approximately $211,000. Stock Yards Bank & Trust Co. owned 0.09% of Fairlead Tactical Sector ETF at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the business. Core Wealth Advisors Inc. grew its holdings in shares of Fairlead Tactical Sector ETF by 15.2% during the 3rd quarter. Core Wealth Advisors Inc. now owns 16,182 shares of the company’s stock worth $367,000 after purchasing an additional 2,138 shares during the period. Insight Wealth Partners LLC lifted its stake in Fairlead Tactical Sector ETF by 6.6% during the 3rd quarter. Insight Wealth Partners LLC now owns 42,141 shares of the company’s stock worth $955,000 after acquiring an additional 2,592 shares in the last quarter. AFG Fiduciary Services Limited Partnership lifted its stake in Fairlead Tactical Sector ETF by 8.2% during the 3rd quarter. AFG Fiduciary Services Limited Partnership now owns 72,646 shares of the company’s stock worth $1,660,000 after acquiring an additional 5,509 shares in the last quarter. Atria Wealth Solutions Inc. acquired a new position in Fairlead Tactical Sector ETF during the 3rd quarter worth about $232,000. Finally, RiverTree Advisors LLC acquired a new position in Fairlead Tactical Sector ETF during the 4th quarter worth about $403,000.

Fairlead Tactical Sector ETF Trading Up 0.3 %

TACK opened at $25.30 on Thursday. The stock’s 50-day moving average price is $25.76 and its 200 day moving average price is $24.63. Fairlead Tactical Sector ETF has a 12-month low of $22.23 and a 12-month high of $26.48. The firm has a market cap of $209.74 million, a price-to-earnings ratio of 8.06 and a beta of 0.55.

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.