Nwam LLC Makes New $263,000 Investment in SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR)

Nwam LLC bought a new stake in SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 5,073 shares of the company’s stock, valued at approximately $263,000.

Several other hedge funds have also made changes to their positions in XLSR. LPL Financial LLC increased its position in SPDR SSGA US Sector Rotation ETF by 4.3% in the 3rd quarter. LPL Financial LLC now owns 4,039,488 shares of the company’s stock valued at $209,387,000 after acquiring an additional 166,370 shares during the period. Envestnet Portfolio Solutions Inc. grew its stake in shares of 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. Envestnet Asset Management Inc. increased its holdings in shares of SPDR SSGA US Sector Rotation ETF by 3.3% in the second quarter. Envestnet Asset Management Inc. now owns 1,105,427 shares of the company’s stock valued at $56,255,000 after purchasing an additional 35,661 shares during the period. Hibernia Wealth Partners LLC raised its stake in shares of SPDR SSGA US Sector Rotation ETF by 2.2% during the third quarter. Hibernia Wealth Partners LLC now owns 445,909 shares of the company’s stock worth $23,114,000 after purchasing an additional 9,680 shares during the last quarter. Finally, Park Avenue Securities LLC lifted its holdings in shares of SPDR SSGA US Sector Rotation ETF by 3.7% during the third quarter. Park Avenue Securities LLC now owns 408,809 shares of the company’s stock worth $21,181,000 after purchasing an additional 14,444 shares during the period.

SPDR SSGA US Sector Rotation ETF Price Performance

NYSEARCA:XLSR opened at $54.50 on Tuesday. The firm has a market cap of $565.17 million, a price-to-earnings ratio of 23.20 and a beta of 1.01. The firm’s fifty day moving average price is $52.46 and its 200 day moving average price is $51.03. SPDR SSGA US Sector Rotation ETF has a 1-year low of $43.55 and a 1-year high of $54.85.

SPDR SSGA US Sector Rotation ETF 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.