SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) Sets New 52-Week High – What’s Next?

Shares of SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $67.19 and last traded at $67.19, with a volume of 41602 shares traded. The stock had previously closed at $66.07.

SPDR SSGA US Sector Rotation ETF Stock Performance

The company’s 50 day simple moving average is $65.52 and its 200 day simple moving average is $63.67. The stock has a market cap of $1.06 billion, a PE ratio of 22.41 and a beta of 0.96.

Institutional Trading of SPDR SSGA US Sector Rotation ETF

A number of hedge funds have recently bought and sold shares of XLSR. Hibernia Wealth Partners LLC increased its holdings in SPDR SSGA US Sector Rotation ETF by 91.9% during the fourth quarter. Hibernia Wealth Partners LLC now owns 420,972 shares of the company’s stock worth $26,231,000 after buying an additional 201,647 shares during the last quarter. Mosley Wealth Management purchased a new position in SPDR SSGA US Sector Rotation ETF in the fourth quarter valued at about $12,029,000. SMART Wealth LLC purchased a new position in SPDR SSGA US Sector Rotation ETF in the second quarter valued at about $7,094,000. LPL Financial LLC grew its position in shares of SPDR SSGA US Sector Rotation ETF by 1.2% during the 4th quarter. LPL Financial LLC now owns 4,676,742 shares of the company’s stock valued at $291,408,000 after acquiring an additional 55,879 shares during the period. Finally, Signal Advisors Wealth LLC grew its position in shares of SPDR SSGA US Sector Rotation ETF by 14.5% during the 1st quarter. Signal Advisors Wealth LLC now owns 224,307 shares of the company’s stock valued at $12,951,000 after acquiring an additional 28,321 shares during the period.

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.