SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) Stock Position Lifted by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. grew its position in SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) by 24.8% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 991,960 shares of the company’s stock after acquiring an additional 196,818 shares during the quarter. Envestnet Portfolio Solutions Inc. owned approximately 9.57% of SPDR SSGA US Sector Rotation ETF worth $49,455,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Frazier Financial Advisors LLC bought a new stake in shares of SPDR SSGA US Sector Rotation ETF during the 4th quarter valued at about $82,000. Richardson Financial Services Inc. bought a new position in shares of SPDR SSGA US Sector Rotation ETF during the first quarter valued at approximately $107,000. VisionPoint Advisory Group LLC lifted its holdings in shares of SPDR SSGA US Sector Rotation ETF by 153.4% in the 3rd quarter. VisionPoint Advisory Group LLC now owns 3,119 shares of the company’s stock worth $129,000 after purchasing an additional 1,888 shares during the last quarter. Lunt Capital Management Inc. acquired a new position in SPDR SSGA US Sector Rotation ETF during the 4th quarter valued at approximately $223,000. Finally, Janney Montgomery Scott LLC bought a new position in SPDR SSGA US Sector Rotation ETF during the 1st quarter worth $256,000.

SPDR SSGA US Sector Rotation ETF Stock Up 0.3 %

XLSR stock traded up $0.18 during mid-day trading on Friday, reaching $51.75. The company had a trading volume of 23,336 shares, compared to its average volume of 51,318. SPDR SSGA US Sector Rotation ETF has a one year low of $39.44 and a one year high of $52.26. The stock has a market capitalization of $536.65 million, a P/E ratio of 23.20 and a beta of 1.01. The stock’s 50-day simple moving average is $50.26 and its two-hundred day simple moving average is $48.58.

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.