Balboa Wealth Partners Sells 799 Shares of SPDR SSGA US Sector Rotation ETF $XLSR

Balboa Wealth Partners decreased its position in SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) by 2.6% during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 29,710 shares of the company’s stock after selling 799 shares during the quarter. Balboa Wealth Partners owned approximately 0.22% of SPDR SSGA US Sector Rotation ETF worth $1,632,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of XLSR. Cambridge Investment Research Advisors Inc. lifted its holdings in 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 valued at $1,723,000 after acquiring an additional 1,039 shares during the period. Creative Financial Designs Inc. ADV bought a new position in SPDR SSGA US Sector Rotation ETF in the first quarter valued at about $78,000. Envestnet Asset Management Inc. lifted its holdings in 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 valued at $74,220,000 after acquiring an additional 91,746 shares during the period. Raleigh Capital Management Inc. lifted its holdings in SPDR SSGA US Sector Rotation ETF by 10.2% in the first quarter. Raleigh Capital Management Inc. now owns 127,350 shares of the company’s stock valued at $6,466,000 after acquiring an additional 11,766 shares during the period. Finally, Axxcess Wealth Management LLC increased its position in SPDR SSGA US Sector Rotation ETF by 3.7% in the first quarter. Axxcess Wealth Management LLC now owns 100,663 shares of the company’s stock worth $5,111,000 after buying an additional 3,559 shares in the last quarter.

SPDR SSGA US Sector Rotation ETF Stock Up 0.7%

Shares of XLSR opened at $59.98 on Monday. The business has a 50-day simple moving average of $58.60 and a two-hundred day simple moving average of $54.56. The stock has a market cap of $851.12 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.

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.