Anfield U.S. Equity Sector Rotation ETF (BATS:AESR) Shares Up 7% – Here’s Why

Anfield U.S. Equity Sector Rotation ETF (BATS:AESR) shares traded up 7% on Tuesday . The company traded as high as $16.07 and last traded at $16.95. 39,485 shares traded hands during trading, an increase of 23% from the average session volume of 32,009 shares. The stock had previously closed at $15.84.

Anfield U.S. Equity Sector Rotation ETF Price Performance

The firm’s fifty day moving average is $16.38 and its two-hundred day moving average is $17.24. The firm has a market capitalization of $129.67 million, a PE ratio of 21.03 and a beta of 1.00.

Hedge Funds Weigh In On Anfield U.S. Equity Sector Rotation ETF

An institutional investor recently raised its position in Anfield U.S. Equity Sector Rotation ETF stock. Anfield Capital Management LLC increased its holdings in shares of Anfield U.S. Equity Sector Rotation ETF (BATS:AESR) by 0.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 812,756 shares of the company’s stock after acquiring an additional 3,692 shares during the quarter. Anfield U.S. Equity Sector Rotation ETF makes up about 5.1% of Anfield Capital Management LLC’s holdings, making the stock its 5th largest position. Anfield Capital Management LLC owned about 13.32% of Anfield U.S. Equity Sector Rotation ETF worth $14,048,000 at the end of the most recent quarter.

About Anfield U.S. Equity Sector Rotation ETF

The Anfield U.S. Equity Sector Rotation ETF (AESR) is an exchange-traded fund that is based on the S&P 500 index. The fund is an actively managed fund-of-funds of large-cap US equities that uses macroeconomic and forecasting methodology to pursue a sector rotation strategy. AESR was launched on Dec 17, 2019 and is managed by Anfield.