ATAC US Rotation ETF (NYSEARCA:RORO) Shares Down 1% – Time to Sell?

ATAC US Rotation ETF (NYSEARCA:RORO) shares were down 1% on Friday . The stock traded as low as $17.90 and last traded at $17.90. Approximately 185 shares traded hands during mid-day trading, a decline of 96% from the average daily volume of 4,335 shares. The stock had previously closed at $18.08.

ATAC US Rotation ETF Stock Performance

The company’s fifty day moving average price is $17.78 and its 200-day moving average price is $17.57. The stock has a market cap of $11.64 million, a P/E ratio of 22.98 and a beta of 0.92.

Institutional Investors Weigh In On ATAC US Rotation ETF

An institutional investor recently bought a new position in ATAC US Rotation ETF stock. Arkadios Wealth Advisors bought a new position in ATAC US Rotation ETF (NYSEARCA:RORO) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 14,862 shares of the company’s stock, valued at approximately $258,000. Arkadios Wealth Advisors owned 2.29% of ATAC US Rotation ETF as of its most recent SEC filing.

About ATAC US Rotation ETF

The ATAC US Rotation ETF (RORO) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds, focused on capital appreciation by toggling between US equities and long duration US Treasurys based on a proprietary market risk indicator.