Fiduciary Alliance LLC Decreases Stock Position in Main Sector Rotation ETF (BATS:SECT)

Fiduciary Alliance LLC cut its holdings in Main Sector Rotation ETF (BATS:SECT) by 1.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 51,596 shares of the company’s stock after selling 807 shares during the quarter. Fiduciary Alliance LLC’s holdings in Main Sector Rotation ETF were worth $2,836,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of SECT. Anchor Investment Management LLC boosted its position in shares of Main Sector Rotation ETF by 26.1% in the 2nd quarter. Anchor Investment Management LLC now owns 4,182 shares of the company’s stock worth $214,000 after purchasing an additional 865 shares in the last quarter. Natixis Advisors LLC increased its holdings in Main Sector Rotation ETF by 19.1% in the 3rd quarter. Natixis Advisors LLC now owns 13,086 shares of the company’s stock worth $704,000 after buying an additional 2,098 shares in the last quarter. Main Management LLC grew its stake in shares of Main Sector Rotation ETF by 1.4% during the 3rd quarter. Main Management LLC now owns 412,524 shares of the company’s stock valued at $22,181,000 after purchasing an additional 5,785 shares during the period. Finally, Continuum Advisory LLC bought a new stake in shares of Main Sector Rotation ETF during the 3rd quarter valued at about $29,000.

Main Sector Rotation ETF Stock Down 1.7 %

BATS SECT traded down $0.96 during trading hours on Monday, reaching $54.49. The company’s stock had a trading volume of 174,316 shares. The stock has a market cap of $1.82 billion, a P/E ratio of 21.56 and a beta of 1.03. The business’s 50-day moving average is $56.19 and its 200-day moving average is $53.76.

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.