ATAC Credit Rotation ETF (NYSEARCA:JOJO) Stock Price Down 0.4%

ATAC Credit Rotation ETF (NYSEARCA:JOJO) dropped 0.4% during trading on Thursday . The company traded as low as $13.55 and last traded at $13.58. Approximately 447 shares changed hands during mid-day trading, a decline of 61% from the average daily volume of 1,137 shares. The stock had previously closed at $13.64.

ATAC Credit Rotation ETF Stock Down 0.4 %

The business’s fifty day moving average is $14.30 and its 200 day moving average is $14.45.

Institutional Trading of ATAC Credit Rotation ETF

A hedge fund recently bought a new stake in ATAC Credit Rotation ETF stock. AE Wealth Management LLC bought a new position in ATAC Credit Rotation ETF (NYSEARCA:JOJO) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 16,522 shares of the company’s stock, valued at approximately $229,000. AE Wealth Management LLC owned approximately 4.72% of ATAC Credit Rotation ETF at the end of the most recent reporting period.

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.