Main Sector Rotation ETF (BATS:SECT) Sets New 12-Month High – Here’s What Happened

Main Sector Rotation ETF (BATS:SECT)’s share price reached a new 52-week high on Tuesday . The stock traded as high as $72.76 and last traded at $72.76, with a volume of 20367 shares. The stock had previously closed at $71.03.

Main Sector Rotation ETF Stock Performance

The company has a market capitalization of $2.63 billion, a P/E ratio of 25.03 and a beta of 0.95. The stock’s fifty day moving average price is $70.82 and its 200-day moving average price is $66.76.

Institutional Trading of Main Sector Rotation ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Main Management LLC lifted its position in shares of Main Sector Rotation ETF by 3.8% in the fourth quarter. Main Management LLC now owns 406,208 shares of the company’s stock valued at $26,213,000 after buying an additional 15,041 shares during the last quarter. Silver Grove Financial Group Inc. raised its stake in Main Sector Rotation ETF by 13.4% in the 4th quarter. Silver Grove Financial Group Inc. now owns 156,398 shares of the company’s stock valued at $10,092,000 after acquiring an additional 18,488 shares during the period. Virtue Capital Management LLC lifted its holdings in Main Sector Rotation ETF by 1,216.5% during the 4th quarter. Virtue Capital Management LLC now owns 59,807 shares of the company’s stock valued at $3,865,000 after purchasing an additional 55,264 shares during the last quarter. Advantage Trust Co lifted its holdings in Main Sector Rotation ETF by 2.9% during the 4th quarter. Advantage Trust Co now owns 46,639 shares of the company’s stock valued at $3,010,000 after purchasing an additional 1,312 shares during the last quarter. Finally, Fiduciary Alliance LLC boosted its position in Main Sector Rotation ETF by 3.6% during the fourth quarter. Fiduciary Alliance LLC now owns 37,885 shares of the company’s stock worth $2,445,000 after purchasing an additional 1,314 shares during the period.

About Main Sector Rotation ETF

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.