SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) Stake Lessened by Outlook Wealth Advisors LLC

Outlook Wealth Advisors LLC cut its stake in SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) by 5.7% during the 4th quarter, HoldingsChannel reports. The fund owned 37,789 shares of the company’s stock after selling 2,275 shares during the period. Outlook Wealth Advisors LLC’s holdings in SPDR SSGA US Sector Rotation ETF were worth $2,019,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in XLSR. LPL Financial LLC lifted its stake in SPDR SSGA US Sector Rotation ETF by 4.3% during the third quarter. LPL Financial LLC now owns 4,039,488 shares of the company’s stock worth $209,387,000 after purchasing an additional 166,370 shares during the last quarter. Signal Advisors Wealth LLC lifted its position in shares of SPDR SSGA US Sector Rotation ETF by 3,400.5% in the 4th quarter. Signal Advisors Wealth LLC now owns 162,283 shares of the company’s stock worth $8,672,000 after buying an additional 157,647 shares during the last quarter. Sharkey Howes & Javer bought a new stake in shares of SPDR SSGA US Sector Rotation ETF during the 3rd quarter valued at about $7,401,000. Sanctuary Advisors LLC acquired a new stake in SPDR SSGA US Sector Rotation ETF during the second quarter worth about $4,573,000. Finally, Envestnet Asset Management Inc. boosted its stake in SPDR SSGA US Sector Rotation ETF by 3.3% in the second quarter. Envestnet Asset Management Inc. now owns 1,105,427 shares of the company’s stock valued at $56,255,000 after acquiring an additional 35,661 shares during the period.

SPDR SSGA US Sector Rotation ETF Trading Up 2.2 %

Shares of NYSEARCA XLSR opened at $54.00 on Thursday. SPDR SSGA US Sector Rotation ETF has a 12-month low of $45.06 and a 12-month high of $55.66. The stock’s 50 day simple moving average is $54.25 and its 200 day simple moving average is $52.15. The company has a market cap of $559.98 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.