Fiduciary Alliance LLC Cuts Stock Position in Main Sector Rotation ETF $SECT

Fiduciary Alliance LLC decreased its position in shares of Main Sector Rotation ETF (BATS:SECT) by 35.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,635 shares of the company’s stock after selling 13,250 shares during the period. Fiduciary Alliance LLC’s holdings in Main Sector Rotation ETF were worth $1,604,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Main Management LLC grew its position in Main Sector Rotation ETF by 3.8% in the 4th quarter. Main Management LLC now owns 406,208 shares of the company’s stock valued at $26,213,000 after acquiring an additional 15,041 shares in the last quarter. Silver Grove Financial Group Inc. lifted its position in shares of Main Sector Rotation ETF by 13.4% during the fourth quarter. Silver Grove Financial Group Inc. now owns 156,398 shares of the company’s stock worth $10,092,000 after purchasing an additional 18,488 shares in the last quarter. Virtue Capital Management LLC boosted its stake in shares of Main Sector Rotation ETF by 1,216.5% in the fourth quarter. Virtue Capital Management LLC now owns 59,807 shares of the company’s stock valued at $3,865,000 after purchasing an additional 55,264 shares during the period. Advantage Trust Co grew its holdings in shares of Main Sector Rotation ETF by 2.9% in the fourth quarter. Advantage Trust Co now owns 46,639 shares of the company’s stock valued at $3,010,000 after purchasing an additional 1,312 shares in the last quarter. Finally, Flow Traders U.S. LLC acquired a new position in shares of Main Sector Rotation ETF in the third quarter valued at approximately $651,000.

Main Sector Rotation ETF Stock Up 0.5%

Shares of SECT opened at $71.00 on Friday. The company has a market cap of $2.57 billion, a P/E ratio of 25.03 and a beta of 0.95. Main Sector Rotation ETF has a fifty-two week low of $57.16 and a fifty-two week high of $72.66. The firm’s 50 day moving average price is $69.19 and its 200 day moving average price is $65.67.

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. SECT was launched on Sep 5, 2017 and is managed by Main Funds.