LeaderShares AlphaFactor Tactical Focused ETF $LSAT is Redwood Investment Management LLC’s 7th Largest Position

Redwood Investment Management LLC reduced its holdings in shares of LeaderShares AlphaFactor Tactical Focused ETF (NYSEARCA:LSAT) by 24.8% in the 1st quarter, HoldingsChannel reports. The fund owned 625,090 shares of the company’s stock after selling 206,658 shares during the quarter. LeaderShares AlphaFactor Tactical Focused ETF accounts for approximately 3.1% of Redwood Investment Management LLC’s investment portfolio, making the stock its 7th biggest holding. Redwood Investment Management LLC owned 0.43% of LeaderShares AlphaFactor Tactical Focused ETF worth $24,632,000 as of its most recent filing with the SEC.

LeaderShares AlphaFactor Tactical Focused ETF Stock Performance

Shares of NYSEARCA LSAT opened at $45.42 on Monday. The firm has a market capitalization of $63.59 million, a PE ratio of 13.49 and a beta of 0.63. LeaderShares AlphaFactor Tactical Focused ETF has a fifty-two week low of $38.49 and a fifty-two week high of $46.83. The stock’s 50-day simple moving average is $44.22 and its 200-day simple moving average is $41.76.

LeaderShares AlphaFactor Tactical Focused ETF Profile

The LeaderShares AlphaFactor Tactical Focused ETF (LSAT) is an exchange-traded fund that mostly invests in total market equity. The fund is actively-managed to invest in US stocks selected by multiple factors. The fund employs a risk overlay to overweight money-market securities during riskier periods. LSAT was launched on Oct 27, 2020 and is managed by LeaderShares.