Anfield U.S. Equity Sector Rotation ETF (BATS:AESR) Trading 0.3% Higher – What’s Next?

Anfield U.S. Equity Sector Rotation ETF (BATS:AESR) shares traded up 0.3% during mid-day trading on Tuesday . The stock traded as high as $17.12 and last traded at $17.12. 15,541 shares changed hands during trading, a decline of 59% from the average session volume of 38,190 shares. The stock had previously closed at $17.07.

Anfield U.S. Equity Sector Rotation ETF Stock Performance

The firm’s 50 day simple moving average is $17.33 and its 200-day simple moving average is $18.67. The company has a market cap of $132.34 million, a price-to-earnings ratio of 21.62 and a beta of 1.01.

Institutional Investors Weigh In On Anfield U.S. Equity Sector Rotation ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in AESR. JPMorgan Chase & Co. acquired a new position in shares of Anfield U.S. Equity Sector Rotation ETF during the 3rd quarter valued at about $62,000. Mosley Wealth Management acquired a new position in shares of Anfield U.S. Equity Sector Rotation ETF during the 4th quarter valued at about $622,000. Finally, Anfield Capital Management LLC boosted its position in shares of Anfield U.S. Equity Sector Rotation ETF by 1.5% during the 3rd quarter. Anfield Capital Management LLC now owns 827,053 shares of the company’s stock valued at $17,021,000 after acquiring an additional 12,110 shares during the last quarter.

Anfield U.S. Equity Sector Rotation ETF Company Profile

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.