Anfield U.S. Equity Sector Rotation ETF (BATS:AESR) Trading Down 15.8% – Time to Sell?

Shares of Anfield U.S. Equity Sector Rotation ETF (BATS:AESR) traded down 15.8% during mid-day trading on Thursday . The stock traded as low as $21.12 and last traded at $17.84. 68,551 shares were traded during trading, an increase of 187% from the average session volume of 23,867 shares. The stock had previously closed at $21.20.

Anfield U.S. Equity Sector Rotation ETF Stock Performance

The firm’s 50-day moving average is $18.31 and its 200 day moving average is $19.47. The firm has a market capitalization of $137.90 million, a P/E ratio of 21.62 and a beta of 1.01.

Anfield U.S. Equity Sector Rotation ETF Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Friday, December 12th were issued a dividend of $3.9019 per share. The ex-dividend date was Friday, December 12th. This represents a $15.61 annualized dividend and a dividend yield of 87.5%.

Institutional Trading of Anfield U.S. Equity Sector Rotation ETF

A hedge fund recently bought a new stake in Anfield U.S. Equity Sector Rotation ETF stock. JPMorgan Chase & Co. purchased a new stake in shares of Anfield U.S. Equity Sector Rotation ETF (BATS:AESR) in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 2,996 shares of the company’s stock, valued at approximately $62,000.

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.