SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) Shares Shorted: Short Interest Up 56.7% in September

SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) was the recipient of a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 37,893 shares, a growth of 56.7% from the September 15th total of 24,178 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily volume of 50,583 shares, the short-interest ratio is currently 0.7 days.

SPDR SSGA US Sector Rotation ETF Trading Down 1.5%

SPDR SSGA US Sector Rotation ETF stock traded down $0.99 during mid-day trading on Friday, hitting $66.23. The stock had a trading volume of 43,952 shares, compared to its average volume of 61,074. The firm has a market capitalization of $1.08 billion, a P/E ratio of 22.41 and a beta of 0.96. The firm’s 50 day moving average is $66.48 and its 200 day moving average is $64.73. SPDR SSGA US Sector Rotation ETF has a one year low of $55.71 and a one year high of $67.86.

Hedge Funds Weigh In On SPDR SSGA US Sector Rotation ETF

Several large investors have recently made changes to their positions in the business. Envestnet Asset Management Inc. lifted its holdings in shares of 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 valued at $159,646,000 after acquiring an additional 220,625 shares during the last quarter. Envestnet Portfolio Solutions Inc. increased its stake in SPDR SSGA US Sector Rotation ETF by 8.5% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 2,435,953 shares of the company’s stock worth $157,996,000 after acquiring an additional 191,092 shares during the last quarter. NewEdge Advisors LLC increased its stake in SPDR SSGA US Sector Rotation ETF by 6.9% during the second quarter. NewEdge Advisors LLC now owns 307,442 shares of the company’s stock worth $19,941,000 after acquiring an additional 19,798 shares during the last quarter. Signal Advisors Wealth LLC raised its position in SPDR SSGA US Sector Rotation ETF by 12.1% during the third quarter. Signal Advisors Wealth LLC now owns 287,010 shares of the company’s stock valued at $19,060,000 after purchasing an additional 31,061 shares during the period. Finally, Aspire Private Capital LLC raised its position in 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 valued at $12,589,000 after purchasing an additional 12,578 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.