Shares of SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR – Get Free Report) saw strong trading volume on Tuesday . 136,972 shares traded hands during mid-day trading, an increase of 171% from the previous session’s volume of 50,498 shares.The stock last traded at $52.00 and had previously closed at $53.16.
SPDR SSGA US Sector Rotation ETF Stock Down 1.4 %
The company has a 50-day moving average of $54.57 and a 200-day moving average of $53.27. The company has a market cap of $669.53 million, a PE ratio of 23.24 and a beta of 0.96.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Farther Finance Advisors LLC raised its stake in shares of SPDR SSGA US Sector Rotation ETF by 24.3% during the 4th quarter. Farther Finance Advisors LLC now owns 1,978 shares of the company’s stock worth $106,000 after purchasing an additional 387 shares during the period. MeadowBrook Investment Advisors LLC purchased a new stake in SPDR SSGA US Sector Rotation ETF during the fourth quarter worth about $134,000. Smartleaf Asset Management LLC raised its position in SPDR SSGA US Sector Rotation ETF by 88.4% in the fourth quarter. Smartleaf Asset Management LLC now owns 3,059 shares of the company’s stock worth $164,000 after acquiring an additional 1,435 shares during the period. Kraft Davis & Associates LLC purchased a new position in SPDR SSGA US Sector Rotation ETF in the third quarter valued at about $214,000. Finally, J2 Capital Management Inc bought a new position in shares of SPDR SSGA US Sector Rotation ETF during the 4th quarter valued at approximately $227,000.
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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