Envestnet Portfolio Solutions Inc. Purchases 68,680 Shares of SPDR SSGA US Sector Rotation ETF $XLSR

Envestnet Portfolio Solutions Inc. lifted its position in SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) by 3.5% in the fourth quarter, Holdings Channel.com reports. The firm owned 2,038,665 shares of the company’s stock after purchasing an additional 68,680 shares during the quarter. Envestnet Portfolio Solutions Inc. owned approximately 0.14% of SPDR SSGA US Sector Rotation ETF worth $127,029,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of XLSR. Envestnet Asset Management Inc. raised its holdings in shares of SPDR SSGA US Sector Rotation ETF by 12.2% during the 3rd quarter. Envestnet Asset Management Inc. now owns 1,840,266 shares of the company’s stock valued at $109,698,000 after buying an additional 200,621 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its position in SPDR SSGA US Sector Rotation ETF by 2,012.2% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 35,252 shares of the company’s stock valued at $2,101,000 after acquiring an additional 33,583 shares during the last quarter. Raymond James Financial Inc. grew its position in SPDR SSGA US Sector Rotation ETF by 596.2% during the third quarter. Raymond James Financial Inc. now owns 36,124 shares of the company’s stock valued at $2,153,000 after acquiring an additional 30,935 shares during the last quarter. MML Investors Services LLC purchased a new position in shares of SPDR SSGA US Sector Rotation ETF during the second quarter worth approximately $1,695,000. Finally, Park Avenue Securities LLC raised its stake in shares of SPDR SSGA US Sector Rotation ETF by 5.3% during the fourth quarter. Park Avenue Securities LLC now owns 486,505 shares of the company’s stock worth $30,314,000 after acquiring an additional 24,584 shares in the last quarter.

SPDR SSGA US Sector Rotation ETF Stock Performance

Shares of XLSR opened at $65.18 on Tuesday. SPDR SSGA US Sector Rotation ETF has a fifty-two week low of $51.24 and a fifty-two week high of $66.10. The firm has a market cap of $970.53 million, a price-to-earnings ratio of 22.41 and a beta of 0.96. The firm has a 50 day moving average price of $60.95 and a 200-day moving average price of $61.55.

About SPDR SSGA US Sector Rotation ETF

The SPDR SSGA U.S. Sector Rotation ETF (XLSR) is an exchange-traded fund that is based on the S&P 500 index. The fund is an actively-managed portfolio of companies classified within favorable sectors of the S&P 500. XLSR was launched on Apr 2, 2019 and is managed by State Street.