LeaderShares AlphaFactor Tactical Focused ETF $LSAT Position Decreased by Redwood Investment Management LLC

Redwood Investment Management LLC decreased its position in LeaderShares AlphaFactor Tactical Focused ETF (NYSEARCA:LSAT) by 24.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 625,090 shares of the company’s stock after selling 206,658 shares during the quarter. LeaderShares AlphaFactor Tactical Focused ETF accounts for about 3.1% of Redwood Investment Management LLC’s holdings, making the stock its 7th biggest holding. Redwood Investment Management LLC owned 43.11% of LeaderShares AlphaFactor Tactical Focused ETF worth $24,632,000 at the end of the most recent reporting period.

LeaderShares AlphaFactor Tactical Focused ETF Price Performance

NYSEARCA LSAT opened at $45.42 on Monday. LeaderShares AlphaFactor Tactical Focused ETF has a 52 week low of $38.49 and a 52 week high of $46.83. The firm has a 50 day moving average of $44.22 and a two-hundred day moving average of $41.76. The stock 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 Company 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.