Anfield U.S. Equity Sector Rotation ETF (BATS:AESR) Trading 1.4% Higher – Here’s Why

Anfield U.S. Equity Sector Rotation ETF (BATS:AESR)’s share price shot up 1.4% on Monday . The company traded as high as $17.27 and last traded at $17.17. 41,547 shares were traded during mid-day trading, a decline of 4% from the average session volume of 43,417 shares. The stock had previously closed at $16.94.

Anfield U.S. Equity Sector Rotation ETF Stock Up 1.4%

The business’s 50 day simple moving average is $17.55 and its two-hundred day simple moving average is $19.03. The stock has a market cap of $132.72 million, a P/E ratio of 21.62 and a beta of 1.01.

Institutional Investors Weigh In On Anfield U.S. Equity Sector Rotation ETF

Several hedge funds have recently modified their holdings of AESR. Anfield Capital Management LLC grew its position in Anfield U.S. Equity Sector Rotation ETF by 1.5% during the 3rd quarter. Anfield Capital Management LLC now owns 827,053 shares of the company’s stock worth $17,021,000 after acquiring an additional 12,110 shares during the last quarter. JPMorgan Chase & Co. bought a new position in Anfield U.S. Equity Sector Rotation ETF in the third quarter valued at about $62,000. Finally, Mosley Wealth Management bought a new position in Anfield U.S. Equity Sector Rotation ETF in the fourth quarter valued at about $622,000.

About Anfield U.S. Equity Sector Rotation ETF

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.