ATAC US Rotation ETF (NYSEARCA:RORO) Shares Down 0.5%

Shares of ATAC US Rotation ETF (NYSEARCA:RORO) traded down 0.5% during trading on Thursday . The company traded as low as $17.14 and last traded at $17.14. 450 shares traded hands during trading, a decline of 91% from the average session volume of 4,809 shares. The stock had previously closed at $17.23.

ATAC US Rotation ETF Stock Performance

The firm has a market capitalization of $11.57 million, a price-to-earnings ratio of 23.59 and a beta of 0.92. The business has a fifty day moving average price of $17.98 and a 200 day moving average price of $17.06.

Institutional Trading of ATAC US Rotation ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. Citadel Advisors LLC purchased a new stake in ATAC US Rotation ETF during the 4th quarter worth $224,000. Stegent Equity Advisors Inc. boosted its position in ATAC US Rotation ETF by 175.4% during the 4th quarter. Stegent Equity Advisors Inc. now owns 74,735 shares of the company’s stock worth $1,322,000 after purchasing an additional 47,603 shares during the period. GTS Securities LLC purchased a new stake in ATAC US Rotation ETF during the 3rd quarter worth $414,000. LPL Financial LLC purchased a new stake in ATAC US Rotation ETF during the 3rd quarter worth $747,000. Finally, Envestnet Asset Management Inc. boosted its position in ATAC US Rotation ETF by 300.4% during the 3rd quarter. Envestnet Asset Management Inc. now owns 86,218 shares of the company’s stock worth $1,318,000 after purchasing an additional 64,687 shares during the period.

About ATAC US Rotation ETF

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.