Envestnet Asset Management Inc. Has $109.70 Million Holdings in SPDR SSGA US Sector Rotation ETF $XLSR

Envestnet Asset Management Inc. lifted its stake in shares of SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) by 12.2% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,840,266 shares of the company’s stock after buying an additional 200,621 shares during the quarter. Envestnet Asset Management Inc. owned about 0.13% of SPDR SSGA US Sector Rotation ETF worth $109,698,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of XLSR. Envestnet Portfolio Solutions Inc. boosted its stake in SPDR SSGA US Sector Rotation ETF by 3.3% during the third quarter. Envestnet Portfolio Solutions Inc. now owns 1,969,985 shares of the company’s stock worth $117,431,000 after acquiring an additional 62,761 shares in the last quarter. Park Avenue Securities LLC raised its holdings in shares of SPDR SSGA US Sector Rotation ETF by 4.2% during the third quarter. Park Avenue Securities LLC now owns 461,921 shares of the company’s stock valued at $27,535,000 after purchasing an additional 18,509 shares during the period. Hibernia Wealth Partners LLC boosted its position in shares of SPDR SSGA US Sector Rotation ETF by 98.9% during the 2nd quarter. Hibernia Wealth Partners LLC now owns 420,646 shares of the company’s stock worth $23,102,000 after purchasing an additional 209,154 shares in the last quarter. Austin Private Wealth LLC grew its stake in shares of SPDR SSGA US Sector Rotation ETF by 9.4% in the 3rd quarter. Austin Private Wealth LLC now owns 332,642 shares of the company’s stock valued at $19,829,000 after buying an additional 28,558 shares during the period. Finally, NewEdge Advisors LLC increased its position in SPDR SSGA US Sector Rotation ETF by 2.6% in the 2nd quarter. NewEdge Advisors LLC now owns 285,889 shares of the company’s stock valued at $15,701,000 after buying an additional 7,117 shares in the last quarter.

SPDR SSGA US Sector Rotation ETF Stock Performance

XLSR stock opened at $62.11 on Friday. The stock’s 50 day simple moving average is $62.39 and its 200 day simple moving average is $60.24. The company has a market cap of $904.94 million, a P/E ratio of 22.41 and a beta of 0.97. SPDR SSGA US Sector Rotation ETF has a fifty-two week low of $43.22 and a fifty-two week high of $63.13.

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.