Cetera Investment Advisers Sells 11,632 Shares of RH Tactical Rotation ETF (NYSEARCA:RHRX)

Cetera Investment Advisers lessened its position in shares of RH Tactical Rotation ETF (NYSEARCA:RHRX) by 5.9% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 184,214 shares of the company’s stock after selling 11,632 shares during the period. Cetera Investment Advisers owned 19.45% of RH Tactical Rotation ETF worth $2,720,000 at the end of the most recent reporting period.

Separately, LPL Financial LLC bought a new stake in shares of RH Tactical Rotation ETF during the fourth quarter worth about $1,164,000.

RH Tactical Rotation ETF Price Performance

NYSEARCA:RHRX opened at $16.91 on Thursday. RH Tactical Rotation ETF has a one year low of $12.93 and a one year high of $16.98. The firm has a 50-day moving average of $16.42 and a 200-day moving average of $15.66. The company has a market cap of $16.01 million, a PE ratio of 22.83 and a beta of 0.92.

RH Tactical Rotation ETF Profile

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.