Main Sector Rotation ETF (BATS:SECT) Shares Purchased by Main Management LLC

Main Management LLC raised its position in Main Sector Rotation ETF (BATS:SECT) by 1.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 412,524 shares of the company’s stock after acquiring an additional 5,785 shares during the quarter. Main Sector Rotation ETF accounts for about 1.8% of Main Management LLC’s investment portfolio, making the stock its 15th largest holding. Main Management LLC owned approximately 1.24% of Main Sector Rotation ETF worth $22,181,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Farther Finance Advisors LLC purchased a new stake in Main Sector Rotation ETF during the 2nd quarter worth $598,000. Natixis Advisors LLC grew its stake 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 in the last quarter. RFP Financial Group LLC purchased a new stake in shares of Main Sector Rotation ETF during the second quarter worth about $54,000. Anchor Investment Management LLC lifted its stake in shares of Main Sector Rotation ETF by 26.1% in the second quarter. Anchor Investment Management LLC now owns 4,182 shares of the company’s stock worth $214,000 after acquiring an additional 865 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. boosted its holdings in Main Sector Rotation ETF by 2.3% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 33,718 shares of the company’s stock valued at $1,723,000 after purchasing an additional 772 shares during the last quarter.

Main Sector Rotation ETF Trading Up 0.8 %

Shares of BATS SECT opened at $57.82 on Friday. The company’s fifty day simple moving average is $55.11 and its 200 day simple moving average is $52.75. The firm has a market cap of $1.93 billion, a price-to-earnings 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.