HighTower Advisors LLC Boosts Stock Holdings in SPDR SSGA US Sector Rotation ETF $XLSR

HighTower Advisors LLC raised its holdings in shares of SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) by 11.4% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 132,688 shares of the company’s stock after purchasing an additional 13,576 shares during the period. HighTower Advisors LLC’s holdings in SPDR SSGA US Sector Rotation ETF were worth $8,268,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the business. Envestnet Portfolio Solutions Inc. increased its position in SPDR SSGA US Sector Rotation ETF by 3.5% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 2,038,665 shares of the company’s stock valued at $127,029,000 after purchasing an additional 68,680 shares during the period. Aegis Wealth Management Inc. bought a new stake in shares of SPDR SSGA US Sector Rotation ETF in the 4th quarter valued at about $721,000. Independent Advisor Alliance bought a new stake in shares of SPDR SSGA US Sector Rotation ETF in the 4th quarter valued at about $464,000. World Investment Advisors bought a new stake in shares of SPDR SSGA US Sector Rotation ETF in the 4th quarter valued at about $1,306,000. Finally, Truist Financial Corp boosted its holdings in shares of SPDR SSGA US Sector Rotation ETF by 6.1% in the 4th quarter. Truist Financial Corp now owns 7,282 shares of the company’s stock valued at $454,000 after buying an additional 417 shares in the last quarter.

SPDR SSGA US Sector Rotation ETF Stock Performance

NYSEARCA:XLSR opened at $65.90 on Wednesday. SPDR SSGA US Sector Rotation ETF has a fifty-two week low of $52.03 and a fifty-two week high of $66.10. The stock has a market capitalization of $981.25 million, a P/E ratio of 22.41 and a beta of 0.96. The company’s 50-day simple moving average is $61.59 and its 200-day simple moving average is $61.71.

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.