SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) Sets New 12-Month High – Here’s Why

SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSRGet Free Report) shares hit a new 52-week high during trading on Tuesday . The company traded as high as $65.21 and last traded at $65.06, with a volume of 71481 shares. The stock had previously closed at $64.91.

SPDR SSGA US Sector Rotation ETF Trading Up 0.2%

The business has a fifty day simple moving average of $60.51 and a 200 day simple moving average of $61.40. The stock has a market capitalization of $968.74 million, a P/E ratio of 22.41 and a beta of 0.96.

Institutional Trading of SPDR SSGA US Sector Rotation ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Farther Finance Advisors LLC increased its holdings in SPDR SSGA US Sector Rotation ETF by 11.8% during the 4th quarter. Farther Finance Advisors LLC now owns 1,916 shares of the company’s stock worth $119,000 after purchasing an additional 202 shares in the last quarter. J2 Capital Management Inc increased its holdings in SPDR SSGA US Sector Rotation ETF by 3.3% during the 1st quarter. J2 Capital Management Inc now owns 6,552 shares of the company’s stock worth $378,000 after purchasing an additional 207 shares in the last quarter. Royal Bank of Canada increased its holdings in SPDR SSGA US Sector Rotation ETF by 1.2% during the 1st quarter. Royal Bank of Canada now owns 21,403 shares of the company’s stock worth $1,087,000 after purchasing an additional 250 shares in the last quarter. True Vision MN LLC increased its holdings in SPDR SSGA US Sector Rotation ETF by 3.7% during the 4th quarter. True Vision MN LLC now owns 7,757 shares of the company’s stock worth $483,000 after purchasing an additional 274 shares in the last quarter. Finally, Apella Capital LLC increased its holdings in SPDR SSGA US Sector Rotation ETF by 1.1% during the 4th quarter. Apella Capital LLC now owns 28,098 shares of the company’s stock worth $1,751,000 after purchasing an additional 318 shares in the last quarter.

About SPDR SSGA US Sector Rotation ETF

(Get Free Report)

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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