Allen Mooney & Barnes Investment Advisors LLC Takes Position in Main Sector Rotation ETF (BATS:SECT)

Allen Mooney & Barnes Investment Advisors LLC purchased a new stake in Main Sector Rotation ETF (BATS:SECT) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 9,932 shares of the company’s stock, valued at approximately $494,000.

A number of other hedge funds have also added to or reduced their stakes in the company. Ethos Financial Group LLC increased its stake in Main Sector Rotation ETF by 192.6% in the fourth quarter. Ethos Financial Group LLC now owns 19,953 shares of the company’s stock valued at $929,000 after acquiring an additional 13,133 shares during the last quarter. Fiduciary Alliance LLC grew its stake in shares of Main Sector Rotation ETF by 73.0% during the fourth quarter. Fiduciary Alliance LLC now owns 53,150 shares of the company’s stock worth $2,474,000 after buying an additional 22,423 shares during the last quarter. Finally, Anchor Investment Management LLC bought a new stake in shares of Main Sector Rotation ETF during the fourth quarter worth $136,000.

Main Sector Rotation ETF Trading Down 0.1 %

BATS SECT opened at $50.76 on Tuesday. The business’s fifty day moving average is $49.83 and its two-hundred day moving average is $48.62. The company has a market capitalization of $1.70 billion, a PE ratio of 21.56 and a beta of 1.03.

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.