Main Sector Rotation ETF (BATS:SECT) to Issue Quarterly Dividend of $0.08

Main Sector Rotation ETF (BATS:SECT) declared a quarterly dividend on Wednesday, September 23rd. Stockholders of record on Thursday, September 24th will be given a dividend of 0.0776 per share on Tuesday, September 29th. This represents a c) dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend is Thursday, September 24th.

Main Sector Rotation ETF Stock Down 0.6%

Shares of BATS SECT traded down $0.44 during midday trading on Thursday, hitting $71.72. The company had a trading volume of 11,704 shares, compared to its average volume of 115,176. The firm has a market capitalization of $2.59 billion, a price-to-earnings ratio of 25.03 and a beta of 0.95. Main Sector Rotation ETF has a twelve month low of $58.39 and a twelve month high of $73.68. The business has a 50-day simple moving average of $71.49 and a two-hundred day simple moving average of $68.72.

Main Sector Rotation ETF Company Profile

The Main Sector Rotation ETF (SECT) is an exchange-traded fund that is based on the S&P 500 index. The fund is an actively managed fund-of-funds that uses fundamental analysis to pursue a sector rotation strategy. The fund aims to outperform the S&P 500 while limiting losses during periods of decline, and may hold equities of any market cap or geographic exposure. SECT was launched on Sep 5, 2017 and is managed by Main Funds.