SPDR SSGA US Sector Rotation ETF $XLSR Shares Bought by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. grew its position in SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) by 9.1% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,907,224 shares of the company’s stock after buying an additional 159,209 shares during the quarter. Envestnet Portfolio Solutions Inc. owned approximately 0.14% of SPDR SSGA US Sector Rotation ETF worth $104,745,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in XLSR. Lockerman Financial Group Inc. boosted its holdings in shares of SPDR SSGA US Sector Rotation ETF by 147.9% in the first quarter. Lockerman Financial Group Inc. now owns 34,791 shares of the company’s stock worth $1,766,000 after buying an additional 20,759 shares during the period. Cambridge Investment Research Advisors Inc. lifted its position in shares of SPDR SSGA US Sector Rotation ETF by 3.2% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 33,947 shares of the company’s stock worth $1,723,000 after purchasing an additional 1,039 shares in the last quarter. Balboa Wealth Partners lifted its position in shares of SPDR SSGA US Sector Rotation ETF by 6.2% in the first quarter. Balboa Wealth Partners now owns 30,509 shares of the company’s stock worth $1,549,000 after purchasing an additional 1,784 shares in the last quarter. Creative Financial Designs Inc. ADV purchased a new stake in shares of SPDR SSGA US Sector Rotation ETF in the first quarter worth approximately $78,000. Finally, Envestnet Asset Management Inc. lifted its position in shares of SPDR SSGA US Sector Rotation ETF by 6.7% in the first quarter. Envestnet Asset Management Inc. now owns 1,461,878 shares of the company’s stock worth $74,220,000 after purchasing an additional 91,746 shares in the last quarter.

SPDR SSGA US Sector Rotation ETF Price Performance

NYSEARCA XLSR opened at $58.76 on Monday. The company has a 50 day simple moving average of $58.22 and a 200-day simple moving average of $54.24. The firm has a market capitalization of $827.93 million, a price-to-earnings ratio of 22.41 and a beta of 0.94. SPDR SSGA US Sector Rotation ETF has a 52-week low of $43.22 and a 52-week high of $60.53.

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.