Main Sector Rotation ETF $SECT Stock Position Lessened by Farther Finance Advisors LLC

Farther Finance Advisors LLC trimmed its holdings in shares of Main Sector Rotation ETF (BATS:SECT) by 3.1% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 8,461 shares of the company’s stock after selling 268 shares during the period. Farther Finance Advisors LLC’s holdings in Main Sector Rotation ETF were worth $491,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Rosenberg Matthew Hamilton bought a new position in Main Sector Rotation ETF in the 1st quarter valued at about $71,000. Advantage Trust Co lifted its stake in shares of Main Sector Rotation ETF by 130.6% in the 1st quarter. Advantage Trust Co now owns 38,665 shares of the company’s stock worth $1,974,000 after acquiring an additional 21,900 shares during the period. Finally, OLD Mission Capital LLC boosted its holdings in shares of Main Sector Rotation ETF by 31.8% in the first quarter. OLD Mission Capital LLC now owns 8,888 shares of the company’s stock valued at $454,000 after acquiring an additional 2,145 shares in the last quarter.

Main Sector Rotation ETF Price Performance

BATS SECT opened at $62.53 on Friday. Main Sector Rotation ETF has a 12 month low of $44.18 and a 12 month high of $59.35. The firm has a market capitalization of $2.26 billion, a PE ratio of 25.03 and a beta of 0.95. The company’s 50 day simple moving average is $60.34 and its 200 day simple moving average is $55.79.

Main Sector Rotation ETF Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 29th. Investors of record on Tuesday, September 23rd will be issued a $0.1049 dividend. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Tuesday, September 23rd.

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.