Anfield U.S. Equity Sector Rotation ETF (BATS:AESR) Trading Down 1% – What’s Next?

Anfield U.S. Equity Sector Rotation ETF (BATS:AESR) shares dropped 1% on Monday . The company traded as low as $17.19 and last traded at $17.06. Approximately 22,647 shares changed hands during trading, a decline of 30% from the average daily volume of 32,522 shares. The stock had previously closed at $17.22.

Anfield U.S. Equity Sector Rotation ETF Trading Down 1.0 %

The stock has a market cap of $132.18 million, a P/E ratio of 22.43 and a beta of 0.97. The company’s fifty day simple moving average is $17.55 and its 200-day simple moving average is $17.40.

Institutional Investors Weigh In On Anfield U.S. Equity Sector Rotation ETF

An institutional investor recently raised its position in Anfield U.S. Equity Sector Rotation ETF stock. Anfield Capital Management LLC lifted its position in Anfield U.S. Equity Sector Rotation ETF (BATS:AESR) by 0.5% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 812,756 shares of the company’s stock after purchasing an additional 3,692 shares during the quarter. Anfield U.S. Equity Sector Rotation ETF accounts for approximately 5.1% of Anfield Capital Management LLC’s holdings, making the stock its 5th biggest holding. Anfield Capital Management LLC owned approximately 13.32% of Anfield U.S. Equity Sector Rotation ETF worth $14,048,000 at the end of the most recent reporting period.

About Anfield U.S. Equity Sector Rotation ETF

The Anfield U.S. Equity Sector Rotation ETF (AESR) is an exchange-traded fund that is based on the S&P 500 index. The fund is an actively managed fund-of-funds of large-cap US equities that uses macroeconomic and forecasting methodology to pursue a sector rotation strategy. AESR was launched on Dec 17, 2019 and is managed by Anfield.