Stifel Financial Corp Has $18.67 Million Position in Fairlead Tactical Sector ETF (NYSEARCA:TACK)

Stifel Financial Corp cut its stake in shares of Fairlead Tactical Sector ETF (NYSEARCA:TACKFree Report) by 42.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 753,494 shares of the company’s stock after selling 559,786 shares during the quarter. Stifel Financial Corp owned approximately 7.53% of Fairlead Tactical Sector ETF worth $18,672,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in TACK. Atria Wealth Solutions Inc. bought a new position in shares of Fairlead Tactical Sector ETF in the third quarter valued at approximately $232,000. Core Wealth Advisors Inc. lifted its position in shares of Fairlead Tactical Sector ETF by 15.2% during the third quarter. Core Wealth Advisors Inc. now owns 16,182 shares of the company’s stock worth $367,000 after acquiring an additional 2,138 shares in the last quarter. Mariner LLC lifted its position in shares of Fairlead Tactical Sector ETF by 4.6% during the third quarter. Mariner LLC now owns 458,304 shares of the company’s stock worth $10,385,000 after acquiring an additional 20,129 shares in the last quarter. Cary Street Partners Investment Advisory LLC lifted its position in shares of Fairlead Tactical Sector ETF by 7.3% during the third quarter. Cary Street Partners Investment Advisory LLC now owns 285,314 shares of the company’s stock worth $6,465,000 after acquiring an additional 19,341 shares in the last quarter. Finally, RiverTree Advisors LLC purchased a new stake in shares of Fairlead Tactical Sector ETF during the fourth quarter worth $403,000.

Fairlead Tactical Sector ETF Price Performance

NYSEARCA:TACK opened at $25.84 on Monday. The company has a market cap of $214.47 million, a P/E ratio of 8.01 and a beta of 0.60. The stock’s fifty day moving average price is $25.73 and its two-hundred day moving average price is $25.19. Fairlead Tactical Sector ETF has a 1 year low of $22.23 and a 1 year high of $26.48.

About Fairlead Tactical Sector ETF

(Free Report)

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.

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Institutional Ownership by Quarter for Fairlead Tactical Sector ETF (NYSEARCA:TACK)

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