Anchor Investment Management LLC Increases Stake in Main Sector Rotation ETF (BATS:SECT)

Anchor Investment Management LLC boosted its stake in shares of Main Sector Rotation ETF (BATS:SECT) by 26.1% in the 2nd quarter, Holdings Channel reports. The fund owned 4,182 shares of the company’s stock after buying an additional 865 shares during the period. Anchor Investment Management LLC’s holdings in Main Sector Rotation ETF were worth $214,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently bought and sold shares of SECT. Allen Mooney & Barnes Investment Advisors LLC purchased a new position in Main Sector Rotation ETF during the first quarter valued at approximately $494,000. Fiduciary Alliance LLC raised its position in Main Sector Rotation ETF by 3.7% during the first quarter. Fiduciary Alliance LLC now owns 55,093 shares of the company’s stock valued at $2,771,000 after acquiring an additional 1,943 shares in the last quarter. Cambridge Investment Research Advisors Inc. raised its position in Main Sector Rotation ETF by 36.1% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 32,946 shares of the company’s stock valued at $1,660,000 after acquiring an additional 8,744 shares in the last quarter. Arkadios Wealth Advisors raised its position in Main Sector Rotation ETF by 3.5% during the first quarter. Arkadios Wealth Advisors now owns 19,477 shares of the company’s stock valued at $981,000 after acquiring an additional 664 shares in the last quarter. Finally, EverSource Wealth Advisors LLC purchased a new position in Main Sector Rotation ETF during the first quarter valued at approximately $155,000.

Main Sector Rotation ETF Price Performance

Main Sector Rotation ETF stock opened at $53.86 on Friday. The stock has a market capitalization of $1.80 billion, a PE ratio of 21.56 and a beta of 1.03. The firm has a 50 day simple moving average of $52.05 and a 200 day simple moving average of $50.90.

Main Sector Rotation ETF 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.