Main Sector Rotation ETF (BATS:SECT) Hits New 1-Year High – What’s Next?

Main Sector Rotation ETF (BATS:SECTGet Free Report) reached a new 52-week high during trading on Monday . The company traded as high as $72.47 and last traded at $72.47, with a volume of 2975 shares. The stock had previously closed at $71.94.

Main Sector Rotation ETF Stock Up 0.3%

The firm has a fifty day moving average price of $68.59 and a two-hundred day moving average price of $65.48. The stock has a market capitalization of $2.61 billion, a P/E ratio of 25.03 and a beta of 0.95.

Institutional Trading of Main Sector Rotation ETF

Institutional investors have recently bought and sold shares of the company. Farther Finance Advisors LLC raised its holdings in shares of Main Sector Rotation ETF by 2.7% during the fourth quarter. Farther Finance Advisors LLC now owns 7,683 shares of the company’s stock valued at $496,000 after purchasing an additional 200 shares during the last quarter. Fortis Group Advisors LLC purchased a new position in shares of Main Sector Rotation ETF in the 4th quarter worth $30,000. IFC & Insurance Marketing Inc. bought a new stake in shares of Main Sector Rotation ETF in the fourth quarter worth $42,000. NewEdge Advisors LLC bought a new stake in shares of Main Sector Rotation ETF in the first quarter worth $52,000. Finally, Advantage Trust Co increased its position in Main Sector Rotation ETF by 2.9% during the fourth quarter. Advantage Trust Co now owns 46,639 shares of the company’s stock valued at $3,010,000 after acquiring an additional 1,312 shares during the last quarter.

About Main Sector Rotation ETF

(Get Free Report)

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. SECT was launched on Sep 5, 2017 and is managed by Main Funds.

Further Reading

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