Farther Finance Advisors LLC lowered its position in shares of Main Sector Rotation ETF (BATS:SECT – Free Report) by 14.2% in the fourth quarter, HoldingsChannel.com reports. The fund owned 8,729 shares of the company’s stock after selling 1,443 shares during the quarter. Farther Finance Advisors LLC’s holdings in Main Sector Rotation ETF were worth $480,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SECT. Advantage Trust Co acquired a new stake in Main Sector Rotation ETF during the 4th quarter worth about $921,000. Main Management LLC lifted its position in Main Sector Rotation ETF by 1.4% during the 3rd quarter. Main Management LLC now owns 412,524 shares of the company’s stock worth $22,181,000 after acquiring an additional 5,785 shares during the period. Natixis Advisors LLC lifted its position in Main Sector Rotation ETF by 19.1% during the 3rd quarter. Natixis Advisors LLC now owns 13,086 shares of the company’s stock worth $704,000 after acquiring an additional 2,098 shares during the period. Finally, Continuum Advisory LLC acquired a new stake in Main Sector Rotation ETF during the 3rd quarter worth about $29,000.
Main Sector Rotation ETF Stock Down 5.0 %
Shares of SECT stock opened at $51.92 on Monday. The stock has a market cap of $1.88 billion, a PE ratio of 24.50 and a beta of 0.92. The business has a 50-day simple moving average of $55.50 and a 200-day simple moving average of $54.98. Main Sector Rotation ETF has a 52-week low of $47.23 and a 52-week high of $57.90.
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.
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Want to see what other hedge funds are holding SECT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Main Sector Rotation ETF (BATS:SECT – Free Report).
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