Main Management LLC Grows Holdings in Main Sector Rotation ETF $SECT

Main Management LLC grew its stake in Main Sector Rotation ETF (BATS:SECT) by 3.8% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 406,208 shares of the company’s stock after buying an additional 15,041 shares during the quarter. Main Sector Rotation ETF makes up approximately 1.9% of Main Management LLC’s portfolio, making the stock its 13th biggest position. Main Management LLC’s holdings in Main Sector Rotation ETF were worth $26,213,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Advantage Trust Co grew its stake in Main Sector Rotation ETF by 2.9% in the 4th quarter. Advantage Trust Co now owns 46,639 shares of the company’s stock worth $3,010,000 after buying an additional 1,312 shares in the last quarter. Fiduciary Alliance LLC grew its stake in Main Sector Rotation ETF by 3.6% in the 4th quarter. Fiduciary Alliance LLC now owns 37,885 shares of the company’s stock worth $2,445,000 after buying an additional 1,314 shares in the last quarter. Flow Traders U.S. LLC purchased a new position in Main Sector Rotation ETF in the 3rd quarter worth approximately $651,000. Keystone Financial Group purchased a new position in Main Sector Rotation ETF in the 3rd quarter worth approximately $627,000. Finally, Farther Finance Advisors LLC grew its stake in Main Sector Rotation ETF by 2.7% in the 4th quarter. Farther Finance Advisors LLC now owns 7,683 shares of the company’s stock worth $496,000 after buying an additional 200 shares in the last quarter.

Main Sector Rotation ETF Price Performance

SECT stock opened at $71.35 on Monday. Main Sector Rotation ETF has a one year low of $53.83 and a one year high of $71.38. The stock has a market cap of $2.58 billion, a PE ratio of 25.03 and a beta of 0.95. The firm has a 50 day simple moving average of $65.53 and a two-hundred day simple moving average of $64.62.

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