ATAC Credit Rotation ETF (NYSEARCA:JOJO) Position Cut by Stegent Equity Advisors Inc.

Stegent Equity Advisors Inc. reduced its position in shares of ATAC Credit Rotation ETF (NYSEARCA:JOJO) by 60.7% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 18,590 shares of the company’s stock after selling 28,773 shares during the quarter. Stegent Equity Advisors Inc. owned about 0.05% of ATAC Credit Rotation ETF worth $281,000 as of its most recent SEC filing.

Separately, AE Wealth Management LLC acquired a new position in shares of ATAC Credit Rotation ETF during the 3rd quarter valued at $229,000.

ATAC Credit Rotation ETF Stock Performance

Shares of NYSEARCA JOJO traded up $0.10 during mid-day trading on Tuesday, reaching $13.73. The company had a trading volume of 108 shares, compared to its average volume of 1,112. The company has a 50-day moving average price of $14.26 and a two-hundred day moving average price of $14.45. ATAC Credit Rotation ETF has a 1-year low of $13.55 and a 1-year high of $15.23.

About ATAC Credit Rotation ETF

The ATAC Credit Rotation ETF (JOJO) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund-of-funds that toggles between corporate high-yield bonds and US Treasurys, depending on the utilities sectors performance relative to the US large-cap market.