147,389 Shares in RH Tactical Rotation ETF (NYSEARCA:RHRX) Acquired by Partners Wealth Management LLC

Partners Wealth Management LLC acquired a new position in shares of RH Tactical Rotation ETF (NYSEARCA:RHRX) during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 147,389 shares of the company’s stock, valued at approximately $2,324,000. RH Tactical Rotation ETF makes up about 2.6% of Partners Wealth Management LLC’s portfolio, making the stock its 6th largest position. Partners Wealth Management LLC owned approximately 15.89% of RH Tactical Rotation ETF as of its most recent filing with the SEC.

RH Tactical Rotation ETF Price Performance

Shares of RHRX opened at $16.21 on Monday. The stock has a market capitalization of $16.17 million, a price-to-earnings ratio of 28.47 and a beta of 0.90. RH Tactical Rotation ETF has a 1 year low of $13.56 and a 1 year high of $16.65. The business’s 50 day simple moving average is $16.20 and its 200-day simple moving average is $15.87.

About RH Tactical Rotation ETF

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.