LPL Financial LLC Grows Position in RH Tactical Rotation ETF (NYSEARCA:RHRX)

LPL Financial LLC lifted its holdings in shares of RH Tactical Rotation ETF (NYSEARCA:RHRX – Get Rating) by 5.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 264,166 shares of the company’s stock after acquiring an additional 12,564 shares during the quarter. LPL Financial LLC owned approximately 13.21% of RH Tactical Rotation ETF worth $3,091,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Jane Street Group LLC bought a new position in shares of RH Tactical Rotation ETF during the third quarter valued at approximately $115,000. WealthPlan Investment Management LLC bought a new position in RH Tactical Rotation ETF in the third quarter worth $159,000. Centaurus Financial Inc. raised its holdings in RH Tactical Rotation ETF by 17.2% in the third quarter. Centaurus Financial Inc. now owns 15,735 shares of the company’s stock worth $175,000 after purchasing an additional 2,309 shares in the last quarter. OLD Mission Capital LLC bought a new position in RH Tactical Rotation ETF in the third quarter worth $309,000. Finally, Envestnet Asset Management Inc. raised its holdings in RH Tactical Rotation ETF by 2.9% in the fourth quarter. Envestnet Asset Management Inc. now owns 147,570 shares of the company’s stock worth $1,727,000 after purchasing an additional 4,190 shares in the last quarter.

RH Tactical Rotation ETF Trading Up 0.1 %

RHRX opened at $11.82 on Friday. The stock has a fifty day simple moving average of $11.81 and a two-hundred day simple moving average of $11.89. The company has a market cap of $20.09 million, a price-to-earnings ratio of 18.28 and a beta of 0.92. RH Tactical Rotation ETF has a 12-month low of $10.27 and a 12-month high of $15.33.

About RH Tactical Rotation ETF

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The RH Tactical Rotation ETF (RHRX) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is a fund-of-funds that utilizes sector rotation strategies in its attempt to capitalize on changes in the business cycle. The fund is actively managed. RHRX was launched on Sep 20, 2012 and is managed by Adaptive.