Fairlead Tactical Sector ETF $TACK Holdings Boosted by Evernest Financial Advisors LLC

Evernest Financial Advisors LLC boosted its stake in shares of Fairlead Tactical Sector ETF (NYSEARCA:TACK) by 59.2% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 541,504 shares of the company’s stock after buying an additional 201,285 shares during the period. Fairlead Tactical Sector ETF accounts for 3.5% of Evernest Financial Advisors LLC’s investment portfolio, making the stock its 9th largest position. Evernest Financial Advisors LLC owned 6.07% of Fairlead Tactical Sector ETF worth $16,619,000 as of its most recent filing with the SEC.

Other large investors also recently added to or reduced their stakes in the company. NBZ Investment Advisors LLC raised its holdings in shares of Fairlead Tactical Sector ETF by 0.3% during the 1st quarter. NBZ Investment Advisors LLC now owns 319,396 shares of the company’s stock worth $9,709,000 after acquiring an additional 877 shares during the period. Fifth Third Bancorp acquired a new position in shares of Fairlead Tactical Sector ETF during the 1st quarter valued at about $272,000. Laurel Oak Wealth Management LLC purchased a new stake in shares of Fairlead Tactical Sector ETF in the first quarter valued at about $480,000. NewEdge Advisors LLC grew its holdings in shares of Fairlead Tactical Sector ETF by 9.0% in the fourth quarter. NewEdge Advisors LLC now owns 85,671 shares of the company’s stock valued at $2,568,000 after purchasing an additional 7,065 shares during the period. Finally, Royal Bank of Canada increased its position in Fairlead Tactical Sector ETF by 118.2% during the fourth quarter. Royal Bank of Canada now owns 4,036 shares of the company’s stock worth $121,000 after purchasing an additional 2,186 shares during the last quarter.

Fairlead Tactical Sector ETF Trading Up 0.2%

Fairlead Tactical Sector ETF stock opened at $31.80 on Tuesday. The company has a 50-day moving average price of $31.36 and a 200 day moving average price of $30.98. Fairlead Tactical Sector ETF has a 12-month low of $28.08 and a 12-month high of $31.94. The stock has a market cap of $287.15 million, a P/E ratio of 17.28 and a beta of 0.51.

About Fairlead Tactical Sector ETF

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.