Stegent Equity Advisors Inc. Boosts Position in ATAC US Rotation ETF (NYSEARCA:RORO)

Stegent Equity Advisors Inc. raised its stake in shares of ATAC US Rotation ETF (NYSEARCA:RORO) by 175.4% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 74,735 shares of the company’s stock after buying an additional 47,603 shares during the quarter. ATAC US Rotation ETF comprises 1.6% of Stegent Equity Advisors Inc.’s portfolio, making the stock its 26th largest holding. Stegent Equity Advisors Inc. owned approximately 0.12% of ATAC US Rotation ETF worth $1,322,000 as of its most recent filing with the Securities & Exchange Commission.

ATAC US Rotation ETF Trading Down 0.6 %

Shares of NYSEARCA RORO traded down $0.11 during midday trading on Tuesday, hitting $17.05. 4,889 shares of the company’s stock were exchanged, compared to its average volume of 4,502. ATAC US Rotation ETF has a 12-month low of $14.59 and a 12-month high of $18.85. The company has a market cap of $11.51 million, a price-to-earnings ratio of 23.59 and a beta of 0.92. The business’s fifty day moving average price is $17.86 and its two-hundred day moving average price is $17.18.

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.