Anfield U.S. Equity Sector Rotation ETF (BATS:AESR) Shares Up 2.8% – What’s Next?

Anfield U.S. Equity Sector Rotation ETF (BATS:AESR) shot up 2.8% during trading on Monday . The company traded as high as $20.32 and last traded at $20.82. 104,440 shares traded hands during trading, an increase of 338% from the average session volume of 23,867 shares. The stock had previously closed at $20.26.

Anfield U.S. Equity Sector Rotation ETF Trading Up 2.8%

The stock has a 50-day simple moving average of $19.93 and a 200 day simple moving average of $18.43. The stock has a market capitalization of $160.93 million, a price-to-earnings ratio of 21.62 and a beta of 1.01.

Hedge Funds Weigh In On Anfield U.S. Equity Sector Rotation ETF

A hedge fund recently raised its stake in Anfield U.S. Equity Sector Rotation ETF stock. Anfield Capital Management LLC raised its stake in Anfield U.S. Equity Sector Rotation ETF (BATS:AESR) by 2.4% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 832,643 shares of the company’s stock after buying an additional 19,887 shares during the quarter. Anfield U.S. Equity Sector Rotation ETF accounts for about 5.1% of Anfield Capital Management LLC’s portfolio, making the stock its 3rd largest position. Anfield Capital Management LLC owned approximately 10.88% of Anfield U.S. Equity Sector Rotation ETF worth $13,730,000 as of its most recent filing with the Securities and Exchange Commission.

Anfield U.S. Equity Sector Rotation ETF Company Profile

The Anfield U.S. Equity Sector Rotation ETF (AESR) is an exchange-traded fund that is based on the S&P 500 index. The fund is an actively managed fund-of-funds of large-cap US equities that uses macroeconomic and forecasting methodology to pursue a sector rotation strategy. AESR was launched on Dec 17, 2019 and is managed by Anfield.