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

SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR)’s share price reached a new 52-week high during trading on Monday. The stock traded as high as $67.95 and last traded at $67.95, with a volume of 5,989 shares trading hands. The stock had previously closed at $67.65.

SPDR SSGA US Sector Rotation ETF Stock Down 0.2%

The company has a market cap of $1.10 billion, a P/E ratio of 22.41 and a beta of 0.96. The stock has a 50 day moving average price of $66.47 and a two-hundred day moving average price of $64.57.

Institutional Trading of SPDR SSGA US Sector Rotation ETF

Institutional investors have recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. raised its stake in SPDR SSGA US Sector Rotation ETF by 9.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 2,461,391 shares of the company’s stock worth $159,646,000 after purchasing an additional 220,625 shares in the last quarter. Envestnet Portfolio Solutions Inc. grew its position in shares of SPDR SSGA US Sector Rotation ETF by 8.5% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 2,435,953 shares of the company’s stock worth $157,996,000 after purchasing an additional 191,092 shares in the last quarter. NewEdge Advisors LLC grew its position in shares of SPDR SSGA US Sector Rotation ETF by 6.9% during the 2nd quarter. NewEdge Advisors LLC now owns 307,442 shares of the company’s stock worth $19,941,000 after purchasing an additional 19,798 shares in the last quarter. Signal Advisors Wealth LLC grew its position in shares of SPDR SSGA US Sector Rotation ETF by 12.1% during the 3rd quarter. Signal Advisors Wealth LLC now owns 287,010 shares of the company’s stock worth $19,060,000 after purchasing an additional 31,061 shares in the last quarter. Finally, Aspire Private Capital LLC increased its holdings in shares of SPDR SSGA US Sector Rotation ETF by 6.1% during the first quarter. Aspire Private Capital LLC now owns 218,027 shares of the company’s stock worth $12,589,000 after purchasing an additional 12,578 shares during the period.

About SPDR SSGA US Sector Rotation ETF

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.