Anfield U.S. Equity Sector Rotation ETF (BATS:AESR) Stock Price Down 1% – Time to Sell?

Anfield U.S. Equity Sector Rotation ETF (BATS:AESR)’s share price dropped 1% during mid-day trading on Monday . The stock traded as low as $17.19 and last traded at $17.06. Approximately 22,647 shares changed hands during trading, a decline of 30% from the average daily volume of 32,522 shares. The stock had previously closed at $17.22.

Anfield U.S. Equity Sector Rotation ETF Stock Down 1.6 %

The firm has a 50-day moving average of $17.55 and a two-hundred day moving average of $17.40. The company has a market capitalization of $131.36 million, a PE ratio of 22.43 and a beta of 0.97.

Institutional Trading of 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 position in shares of Anfield U.S. Equity Sector Rotation ETF (BATS:AESR) by 0.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund 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 portfolio, making the stock its 5th biggest holding. Anfield Capital Management LLC owned approximately 13.32% of Anfield U.S. Equity Sector Rotation ETF worth $14,048,000 at the end of the most recent reporting period.

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.