Insight Wealth Partners LLC Has $1.47 Million Stock Position in Fairlead Tactical Sector ETF (NYSEARCA:TACK)

Insight Wealth Partners LLC boosted its holdings in shares of Fairlead Tactical Sector ETF (NYSEARCA:TACK) by 1.6% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 52,329 shares of the company’s stock after acquiring an additional 803 shares during the quarter. Insight Wealth Partners LLC’s holdings in Fairlead Tactical Sector ETF were worth $1,472,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the stock. FMA Wealth Management LLC grew its stake in Fairlead Tactical Sector ETF by 10.5% in the second quarter. FMA Wealth Management LLC now owns 45,794 shares of the company’s stock valued at $1,189,000 after purchasing an additional 4,339 shares in the last quarter. Lokken Investment Group LLC lifted its holdings in shares of Fairlead Tactical Sector ETF by 8.0% during the 2nd quarter. Lokken Investment Group LLC now owns 60,374 shares of the company’s stock valued at $1,567,000 after buying an additional 4,457 shares during the last quarter. Finally, Cary Street Partners Asset Management LLC lifted its holdings in shares of Fairlead Tactical Sector ETF by 1.2% during the 3rd quarter. Cary Street Partners Asset Management LLC now owns 2,486,557 shares of the company’s stock valued at $69,950,000 after buying an additional 30,457 shares during the last quarter.

Fairlead Tactical Sector ETF Stock Performance

NYSEARCA:TACK opened at $29.02 on Wednesday. The company has a market capitalization of $240.87 million, a P/E ratio of 8.01 and a beta of 0.60. The stock’s 50 day moving average price is $28.21 and its 200 day moving average price is $27.06. Fairlead Tactical Sector ETF has a 52 week low of $23.76 and a 52 week high of $29.99.

Fairlead Tactical Sector ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, October 1st. Shareholders of record on Thursday, September 26th were given a $0.1606 dividend. The ex-dividend date was Thursday, September 26th.

Fairlead Tactical Sector ETF Company 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.