ATAC Credit Rotation ETF (NYSEARCA:JOJO) Shares Up 1.1% – Still a Buy?

ATAC Credit Rotation ETF (NYSEARCA:JOJOGet Free Report) shares shot up 1.1% during mid-day trading on Thursday . The company traded as high as $14.32 and last traded at $14.32. 5,376 shares changed hands during mid-day trading, an increase of 349% from the average session volume of 1,196 shares. The stock had previously closed at $14.16.

ATAC Credit Rotation ETF Price Performance

The stock’s 50-day moving average is $14.67 and its 200-day moving average is $14.39.

About ATAC Credit Rotation ETF

(Get Free Report)

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.

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