SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) Stake Increased by Richardson Financial Services Inc.

Richardson Financial Services Inc. grew its stake in shares of SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) by 98.8% in the 3rd quarter, Holdings Channel.com reports. The fund owned 4,243 shares of the company’s stock after purchasing an additional 2,109 shares during the quarter. Richardson Financial Services Inc.’s holdings in SPDR SSGA US Sector Rotation ETF were worth $218,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. LPL Financial LLC lifted its position in shares of SPDR SSGA US Sector Rotation ETF by 10.8% in the 2nd quarter. LPL Financial LLC now owns 3,873,118 shares of the company’s stock worth $197,103,000 after buying an additional 377,785 shares during the last quarter. Envestnet Portfolio Solutions Inc. lifted its position in SPDR SSGA US Sector Rotation ETF by 23.9% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 1,229,502 shares of the company’s stock valued at $62,569,000 after purchasing an additional 237,542 shares during the last quarter. Sharkey Howes & Javer bought a new position in SPDR SSGA US Sector Rotation ETF in the 3rd quarter worth about $7,401,000. Sanctuary Advisors LLC bought a new stake in shares of SPDR SSGA US Sector Rotation ETF during the second quarter valued at approximately $4,573,000. Finally, Cetera Investment Advisers boosted its position in shares of SPDR SSGA US Sector Rotation ETF by 136.5% during the first quarter. Cetera Investment Advisers now owns 107,521 shares of the company’s stock worth $5,361,000 after buying an additional 62,055 shares during the period.

SPDR SSGA US Sector Rotation ETF Stock Down 0.2 %

SPDR SSGA US Sector Rotation ETF stock traded down $0.09 during mid-day trading on Friday, hitting $52.29. 46,249 shares of the company’s stock traded hands, compared to its average volume of 48,677. SPDR SSGA US Sector Rotation ETF has a one year low of $39.44 and a one year high of $52.96. The company has a market cap of $542.20 million, a PE ratio of 23.20 and a beta of 1.01. The firm has a 50 day moving average price of $51.36 and a 200 day moving average price of $50.29.

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.