ATAC US Rotation ETF (NYSEARCA:RORO) Trading Up 1%

ATAC US Rotation ETF (NYSEARCA:RORO)’s share price traded up 1% during mid-day trading on Wednesday . The stock traded as high as $18.27 and last traded at $18.27. 3,875 shares traded hands during mid-day trading, a decline of 19% from the average session volume of 4,776 shares. The stock had previously closed at $18.09.

ATAC US Rotation ETF Stock Up 1.0 %

The stock has a market cap of $11.51 million, a price-to-earnings ratio of 21.10 and a beta of 1.00. The company’s 50-day simple moving average is $17.88 and its 200-day simple moving average is $16.87.

Hedge Funds Weigh In On ATAC US Rotation ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in RORO. UBS Group AG boosted its stake in shares of ATAC US Rotation ETF by 344.3% during the 3rd quarter. UBS Group AG now owns 4,870 shares of the company’s stock valued at $63,000 after buying an additional 3,774 shares during the period. Jane Street Group LLC bought a new position in ATAC US Rotation ETF in the 3rd quarter worth $172,000. Citadel Advisors LLC bought a new position in ATAC US Rotation ETF in the 4th quarter worth $224,000. Toroso Investments LLC bought a new position in shares of ATAC US Rotation ETF during the 3rd quarter worth about $288,000. Finally, Envestnet Asset Management Inc. bought a new position in shares of ATAC US Rotation ETF during the 2nd quarter worth about $363,000.

ATAC US Rotation ETF Company Profile

The ATAC US Rotation ETF (RORO) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds, focused on capital appreciation by toggling between US equities and long duration US Treasurys based on a proprietary market risk indicator.