Smartleaf Asset Management LLC grew its stake in shares of SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR – Free Report) by 88.4% in the fourth quarter, Holdings Channel.com reports. The fund owned 3,059 shares of the company’s stock after buying an additional 1,435 shares during the quarter. Smartleaf Asset Management LLC’s holdings in SPDR SSGA US Sector Rotation ETF were worth $164,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently modified their holdings of the stock. MeadowBrook Investment Advisors LLC purchased a new stake in shares of SPDR SSGA US Sector Rotation ETF in the fourth quarter valued at $134,000. Kraft Davis & Associates LLC purchased a new stake in shares of SPDR SSGA US Sector Rotation ETF in the third quarter valued at $214,000. J2 Capital Management Inc purchased a new stake in shares of SPDR SSGA US Sector Rotation ETF in the fourth quarter valued at $227,000. First Heartland Consultants Inc. purchased a new stake in shares of SPDR SSGA US Sector Rotation ETF in the third quarter valued at $251,000. Finally, Nwam LLC purchased a new stake in shares of SPDR SSGA US Sector Rotation ETF in the third quarter valued at $263,000.
SPDR SSGA US Sector Rotation ETF Trading Down 2.1 %
NYSEARCA XLSR opened at $51.86 on Friday. SPDR SSGA US Sector Rotation ETF has a 1-year low of $46.10 and a 1-year high of $56.30. The company has a market capitalization of $662.25 million, a PE ratio of 23.24 and a beta of 0.96. The firm’s fifty day simple moving average is $54.42 and its 200-day simple moving average is $53.27.
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.
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