Main Sector Rotation ETF (BATS:SECT) Share Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

Shares of Main Sector Rotation ETF (BATS:SECT) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $52.68 and traded as high as $57.69. Main Sector Rotation ETF shares last traded at $57.36, with a volume of 76,264 shares changing hands.

Main Sector Rotation ETF Trading Up 0.8 %

The stock’s 50 day moving average price is $55.11 and its two-hundred day moving average price is $52.73. The firm has a market capitalization of $1.93 billion, a PE ratio of 21.56 and a beta of 1.03.

Hedge Funds Weigh In On Main Sector Rotation ETF

Several hedge funds have recently bought and sold shares of the stock. Continuum Advisory LLC acquired a new stake in shares of Main Sector Rotation ETF during the third quarter valued at $29,000. RFP Financial Group LLC acquired a new stake in shares of Main Sector Rotation ETF during the 2nd quarter worth about $54,000. Anchor Investment Management LLC grew its holdings in shares of Main Sector Rotation ETF by 26.1% during the second quarter. Anchor Investment Management LLC now owns 4,182 shares of the company’s stock worth $214,000 after buying an additional 865 shares in the last quarter. Farther Finance Advisors LLC acquired a new position in shares of Main Sector Rotation ETF in the second quarter valued at approximately $598,000. Finally, Natixis Advisors LLC lifted its stake in shares of Main Sector Rotation ETF by 19.1% during the third quarter. Natixis Advisors LLC now owns 13,086 shares of the company’s stock valued at $704,000 after buying an additional 2,098 shares during the period.

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.