Anfield U.S. Equity Sector Rotation ETF (BATS:AESR) Shares Up 0.3% – What’s Next?
by Mitch Edgeman · The Markets DailyAnfield U.S. Equity Sector Rotation ETF (BATS:AESR – Get Free Report)’s share price shot up 0.3% during 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 Trading Up 0.6%
The company’s 50-day simple moving average is $17.33 and its 200 day simple moving average is $18.66. The stock has a market cap of $137.44 million, a P/E ratio of 21.62 and a beta of 1.01.
Hedge Funds Weigh In On Anfield U.S. Equity Sector Rotation ETF
Hedge funds have recently modified their holdings of the company. JPMorgan Chase & Co. bought a new position in shares of Anfield U.S. Equity Sector Rotation ETF during the 3rd quarter worth approximately $62,000. Mosley Wealth Management bought a new position in shares of Anfield U.S. Equity Sector Rotation ETF during the 4th quarter worth approximately $622,000. Finally, Anfield Capital Management LLC lifted its position in shares of Anfield U.S. Equity Sector Rotation ETF by 15.5% during the 4th quarter. Anfield Capital Management LLC now owns 954,848 shares of the company’s stock worth $16,188,000 after buying an additional 127,795 shares in 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.