Partners Wealth Management LLC Raises Holdings in RH Tactical Rotation ETF $RHRX

Partners Wealth Management LLC raised its stake in RH Tactical Rotation ETF (NYSEARCA:RHRX) by 40.3% during the 1st quarter, Holdings Channel.com reports. The firm owned 194,936 shares of the company’s stock after buying an additional 56,041 shares during the quarter. RH Tactical Rotation ETF accounts for 3.8% of Partners Wealth Management LLC’s investment portfolio, making the stock its 5th biggest holding. Partners Wealth Management LLC owned approximately 0.16% of RH Tactical Rotation ETF worth $3,703,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Jane Street Group LLC purchased a new stake in shares of RH Tactical Rotation ETF during the first quarter valued at about $149,000. OLD Mission Capital LLC purchased a new position in shares of RH Tactical Rotation ETF in the 4th quarter worth approximately $305,000. NewEdge Advisors LLC grew its position in shares of RH Tactical Rotation ETF by 77.1% in the 4th quarter. NewEdge Advisors LLC now owns 25,012 shares of the company’s stock worth $460,000 after buying an additional 10,890 shares during the last quarter. Susquehanna International Group LLP raised its stake in shares of RH Tactical Rotation ETF by 63.9% during the 3rd quarter. Susquehanna International Group LLP now owns 42,884 shares of the company’s stock worth $782,000 after acquiring an additional 16,724 shares in the last quarter. Finally, LPL Financial LLC raised its stake in shares of RH Tactical Rotation ETF by 2.7% during the 4th quarter. LPL Financial LLC now owns 49,998 shares of the company’s stock worth $920,000 after acquiring an additional 1,313 shares in the last quarter.

RH Tactical Rotation ETF Stock Up 0.8%

NYSEARCA:RHRX opened at $22.04 on Wednesday. RH Tactical Rotation ETF has a 52 week low of $16.40 and a 52 week high of $23.45. The firm has a 50 day moving average of $21.62 and a 200 day moving average of $19.93. The stock has a market capitalization of $35.48 million, a price-to-earnings ratio of 22.83 and a beta of 0.92.

RH Tactical Rotation ETF Profile

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.