ATAC US Rotation ETF (NYSEARCA:RORO) Shares Up 1.3% – Should You Buy?

Shares of ATAC US Rotation ETF (NYSEARCA:RORO) traded up 1.3% during trading on Friday . The stock traded as high as $18.34 and last traded at $18.34. 2,867 shares changed hands during mid-day trading, a decline of 37% from the average session volume of 4,544 shares. The stock had previously closed at $18.10.

ATAC US Rotation ETF Trading Up 1.3 %

The company’s 50 day moving average is $17.47 and its 200 day moving average is $17.47. The company has a market cap of $11.92 million, a PE ratio of 22.98 and a beta of 0.92.

Hedge Funds Weigh In On ATAC US Rotation ETF

A hedge fund recently bought a new stake in ATAC US Rotation ETF stock. Arkadios Wealth Advisors acquired a new position in ATAC US Rotation ETF (NYSEARCA:RORO) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 14,862 shares of the company’s stock, valued at approximately $258,000. Arkadios Wealth Advisors owned approximately 2.29% of ATAC US Rotation ETF as of its most recent SEC filing.

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.