Main Sector Rotation ETF (BATS:SECT) Shares Down 0.4%

Main Sector Rotation ETF (BATS:SECT) fell 0.4% during mid-day trading on Wednesday . The company traded as low as $53.27 and last traded at $53.34. 63,633 shares changed hands during trading, The stock had previously closed at $53.53.

Main Sector Rotation ETF Price Performance

The stock has a market capitalization of $1.79 billion, a PE ratio of 21.56 and a beta of 1.03. The stock’s fifty day moving average is $51.87 and its 200-day moving average is $50.73.

Hedge Funds Weigh In On Main Sector Rotation ETF

A number of large investors have recently bought and sold shares of SECT. Arkadios Wealth Advisors grew its position in shares of Main Sector Rotation ETF by 3.5% in the first quarter. Arkadios Wealth Advisors now owns 19,477 shares of the company’s stock valued at $981,000 after purchasing an additional 664 shares during the period. Cambridge Investment Research Advisors Inc. boosted its holdings in Main Sector Rotation ETF by 2.3% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 33,718 shares of the company’s stock worth $1,723,000 after buying an additional 772 shares during the last quarter. Anchor Investment Management LLC increased its stake in Main Sector Rotation ETF by 26.1% during the 2nd quarter. Anchor Investment Management LLC now owns 4,182 shares of the company’s stock worth $214,000 after buying an additional 865 shares in the last quarter. RFP Financial Group LLC acquired a new position in shares of Main Sector Rotation ETF during the second quarter valued at approximately $54,000. Finally, Fiduciary Alliance LLC lifted its position in shares of Main Sector Rotation ETF by 3.7% in the first quarter. Fiduciary Alliance LLC now owns 55,093 shares of the company’s stock valued at $2,771,000 after acquiring an additional 1,943 shares in the last quarter.

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.