NewEdge Advisors LLC grew its stake in shares of SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR – Free Report) by 6.9% in the second quarter, Holdings Channel reports. The institutional investor owned 307,442 shares of the company’s stock after purchasing an additional 19,798 shares during the period. NewEdge Advisors LLC’s holdings in SPDR SSGA US Sector Rotation ETF were worth $19,941,000 as of its most recent filing with the SEC.
A number of other institutional investors have also added to or reduced their stakes in XLSR. Hibernia Wealth Partners LLC increased its stake in SPDR SSGA US Sector Rotation ETF by 91.9% during the fourth quarter. Hibernia Wealth Partners LLC now owns 420,972 shares of the company’s stock valued at $26,231,000 after acquiring an additional 201,647 shares during the period. Mosley Wealth Management bought a new stake in shares of SPDR SSGA US Sector Rotation ETF in the 4th quarter worth approximately $12,029,000. Axxcess Wealth Management LLC grew its holdings in shares of SPDR SSGA US Sector Rotation ETF by 137.0% during the 4th quarter. Axxcess Wealth Management LLC now owns 203,070 shares of the company’s stock worth $12,653,000 after purchasing an additional 117,402 shares in the last quarter. SMART Wealth LLC acquired a new stake in shares of SPDR SSGA US Sector Rotation ETF during the 2nd quarter worth approximately $7,094,000. Finally, Envestnet Portfolio Solutions Inc. increased its position in shares of SPDR SSGA US Sector Rotation ETF by 3.5% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 2,038,665 shares of the company’s stock valued at $127,029,000 after purchasing an additional 68,680 shares during the period.
SPDR SSGA US Sector Rotation ETF Trading Down 0.6%
XLSR opened at $65.27 on Friday. The stock’s 50 day simple moving average is $65.41 and its 200-day simple moving average is $63.48. The stock has a market cap of $1.03 billion, a PE 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 $67.19.
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.
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