NewEdge Advisors LLC Boosts Stake in SPDR SSGA US Sector Rotation ETF $XLSR

NewEdge Advisors LLC increased its stake in SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) by 8.2% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 287,644 shares of the company’s stock after purchasing an additional 21,872 shares during the quarter. NewEdge Advisors LLC owned approximately 1.93% of SPDR SSGA US Sector Rotation ETF worth $16,609,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of XLSR. Axxcess Wealth Management LLC increased its position in SPDR SSGA US Sector Rotation ETF by 137.0% in the fourth quarter. Axxcess Wealth Management LLC now owns 203,070 shares of the company’s stock worth $12,653,000 after buying an additional 117,402 shares in the last quarter. HighTower Advisors LLC increased its holdings in SPDR SSGA US Sector Rotation ETF by 11.4% in the 4th quarter. HighTower Advisors LLC now owns 132,688 shares of the company’s stock worth $8,268,000 after acquiring an additional 13,576 shares in the last quarter. FSA Advisors Inc. bought a new stake in SPDR SSGA US Sector Rotation ETF during the 4th quarter worth approximately $582,000. World Investment Advisors bought a new stake in SPDR SSGA US Sector Rotation ETF during the 4th quarter worth approximately $1,306,000. Finally, Mosley Wealth Management purchased a new position in SPDR SSGA US Sector Rotation ETF during the fourth quarter valued at approximately $12,029,000.

SPDR SSGA US Sector Rotation ETF Price Performance

XLSR opened at $66.66 on Friday. The company has a 50 day simple moving average of $64.75 and a two-hundred day simple moving average of $62.73. The firm has a market cap of $1.05 billion, a P/E ratio of 22.41 and a beta of 0.96. SPDR SSGA US Sector Rotation ETF has a 1-year low of $55.71 and a 1-year high of $67.13.

SPDR SSGA US Sector Rotation ETF Company Profile

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.