Main Sector Rotation ETF (BATS:SECT) Shares Up 0.3%

Main Sector Rotation ETF (BATS:SECT)’s share price rose 0.3% on Monday . The stock traded as high as $48.84 and last traded at $48.75. Approximately 87,634 shares changed hands during mid-day trading, The stock had previously closed at $48.58.

Main Sector Rotation ETF Stock Performance

The stock has a 50-day moving average of $49.20 and a two-hundred day moving average of $46.54. The company has a market cap of $1.62 billion, a P/E ratio of 20.60 and a beta of 1.01.

Hedge Funds Weigh In On Main Sector Rotation ETF

A number of hedge funds have recently bought and sold shares of the company. Anchor Investment Management LLC bought a new position in Main Sector Rotation ETF in the 4th quarter valued at approximately $136,000. EverSource Wealth Advisors LLC bought a new position in shares of Main Sector Rotation ETF during the third quarter valued at $405,000. Allen Mooney & Barnes Investment Advisors LLC bought a new position in shares of Main Sector Rotation ETF during the first quarter valued at $494,000. Ethos Financial Group LLC raised its position in Main Sector Rotation ETF by 192.6% in the 4th quarter. Ethos Financial Group LLC now owns 19,953 shares of the company’s stock worth $929,000 after buying an additional 13,133 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. lifted its stake in Main Sector Rotation ETF by 16.8% during the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 24,019 shares of the company’s stock valued at $1,011,000 after acquiring an additional 3,447 shares during the period.

Main Sector Rotation ETF Company Profile

The Main Sector Rotation ETF (SECT) is an exchange-traded fund that is based on the S&P 500 index. The fund is an actively managed fund-of-funds that uses fundamental analysis to pursue a sector rotation strategy. The fund aims to outperform the S&P 500 while limiting losses during periods of decline, and may hold equities of any market cap or geographic exposure.