Envestnet Portfolio Solutions Inc. Grows Position in SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR)

Envestnet Portfolio Solutions Inc. grew its position in SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) by 23.9% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,229,502 shares of the company’s stock after acquiring an additional 237,542 shares during the quarter. Envestnet Portfolio Solutions Inc. owned 11.86% of SPDR SSGA US Sector Rotation ETF worth $62,569,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of XLSR. Lunt Capital Management Inc. bought a new position in SPDR SSGA US Sector Rotation ETF during the fourth quarter valued at $223,000. Atria Wealth Solutions Inc. increased its stake in SPDR SSGA US Sector Rotation ETF by 3.8% during the fourth quarter. Atria Wealth Solutions Inc. now owns 31,276 shares of the company’s stock worth $1,431,000 after acquiring an additional 1,135 shares during the last quarter. TAP Consulting LLC increased its stake in SPDR SSGA US Sector Rotation ETF by 1,815.7% during the fourth quarter. TAP Consulting LLC now owns 100,002 shares of the company’s stock worth $4,576,000 after acquiring an additional 94,782 shares during the last quarter. Absolute Capital Management LLC raised its position in SPDR SSGA US Sector Rotation ETF by 31.3% during the fourth quarter. Absolute Capital Management LLC now owns 9,802 shares of the company’s stock valued at $449,000 after purchasing an additional 2,337 shares during the period. Finally, Silver Oak Securities Incorporated lifted its stake in shares of SPDR SSGA US Sector Rotation ETF by 3.8% in the 4th quarter. Silver Oak Securities Incorporated now owns 12,451 shares of the company’s stock valued at $570,000 after purchasing an additional 451 shares during the last quarter.

SPDR SSGA US Sector Rotation ETF Trading Up 0.4 %

Shares of NYSEARCA XLSR traded up $0.17 during trading hours on Wednesday, hitting $49.60. 49,502 shares of the company traded hands, compared to its average volume of 50,756. The company’s 50 day moving average price is $50.39 and its 200 day moving average price is $49.26. SPDR SSGA US Sector Rotation ETF has a 12 month low of $39.44 and a 12 month high of $52.41. The stock has a market capitalization of $514.30 million, a price-to-earnings ratio of 23.20 and a beta of 1.01.

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.