Main Sector Rotation ETF (BATS:SECT) Shares Sold by Arkadios Wealth Advisors

Arkadios Wealth Advisors trimmed its position in Main Sector Rotation ETF (BATS:SECT) by 74.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 4,488 shares of the company’s stock after selling 13,298 shares during the period. Arkadios Wealth Advisors’ holdings in Main Sector Rotation ETF were worth $247,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Continuum Advisory LLC acquired a new stake in Main Sector Rotation ETF during the third quarter worth $29,000. Anchor Investment Management LLC boosted its stake in 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 during the period. Natixis Advisors LLC increased its position 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 acquiring an additional 2,098 shares during the last quarter. Finally, Main Management LLC raised its stake in shares of Main Sector Rotation ETF by 1.4% in the 3rd quarter. Main Management LLC now owns 412,524 shares of the company’s stock valued at $22,181,000 after acquiring an additional 5,785 shares during the period.

Main Sector Rotation ETF Trading Up 5.3 %

Shares of BATS SECT opened at $57.52 on Friday. The stock has a market capitalization of $1.92 billion, a price-to-earnings ratio of 21.56 and a beta of 1.03. The firm has a 50-day moving average price of $56.18 and a 200 day moving average price of $54.02.

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.