Cambridge Investment Research Advisors Inc. Increases Holdings in Main Sector Rotation ETF (BATS:SECT)

Cambridge Investment Research Advisors Inc. increased its stake in Main Sector Rotation ETF (BATS:SECT) by 2.3% during the second quarter, according to its most recent filing with the SEC. The fund owned 33,718 shares of the company’s stock after buying an additional 772 shares during the quarter. Cambridge Investment Research Advisors Inc. owned 0.10% of Main Sector Rotation ETF worth $1,723,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. RFP Financial Group LLC bought a new position in Main Sector Rotation ETF during the second quarter valued at $54,000. EverSource Wealth Advisors LLC bought a new position in shares of Main Sector Rotation ETF during the 1st quarter worth $155,000. Allen Mooney & Barnes Investment Advisors LLC purchased a new stake in Main Sector Rotation ETF in the 1st quarter worth about $494,000. Ethos Financial Group LLC raised its stake in Main Sector Rotation ETF by 192.6% in the 4th quarter. Ethos Financial Group LLC now owns 19,953 shares of the company’s stock valued at $929,000 after acquiring an additional 13,133 shares during the period. Finally, Arkadios Wealth Advisors lifted its holdings in Main Sector Rotation ETF by 3.5% during the first quarter. Arkadios Wealth Advisors now owns 19,477 shares of the company’s stock valued at $981,000 after purchasing an additional 664 shares during the last quarter.

Main Sector Rotation ETF Price Performance

SECT opened at $51.19 on Wednesday. The stock has a fifty day simple moving average of $51.68 and a 200-day simple moving average of $50.38. The stock has a market capitalization of $1.71 billion, a P/E 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.