Envestnet Portfolio Solutions Inc. Buys 127,682 Shares of SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR)

Envestnet Portfolio Solutions Inc. lifted its stake in SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) by 8.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,654,622 shares of the company’s stock after acquiring an additional 127,682 shares during the quarter. Envestnet Portfolio Solutions Inc. owned 15.96% of SPDR SSGA US Sector Rotation ETF worth $88,423,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in XLSR. Stifel Financial Corp lifted its holdings in SPDR SSGA US Sector Rotation ETF by 14.7% in the third quarter. Stifel Financial Corp now owns 10,387 shares of the company’s stock valued at $538,000 after acquiring an additional 1,330 shares during the period. Atria Investments Inc lifted its stake in shares of SPDR SSGA US Sector Rotation ETF by 16.8% in the 3rd quarter. Atria Investments Inc now owns 9,997 shares of the company’s stock worth $518,000 after purchasing an additional 1,437 shares during the period. Allworth Financial LP purchased a new position in shares of SPDR SSGA US Sector Rotation ETF in the fourth quarter worth approximately $377,000. Spectrum Planning & Advisory Services Inc. boosted its holdings in shares of SPDR SSGA US Sector Rotation ETF by 11.9% in the third quarter. Spectrum Planning & Advisory Services Inc. now owns 16,129 shares of the company’s stock worth $836,000 after buying an additional 1,717 shares during the last quarter. Finally, HighTower Advisors LLC grew its position in SPDR SSGA US Sector Rotation ETF by 5.3% during the third quarter. HighTower Advisors LLC now owns 91,031 shares of the company’s stock valued at $4,729,000 after buying an additional 4,581 shares during the period.

SPDR SSGA US Sector Rotation ETF Trading Up 2.4 %

XLSR opened at $51.05 on Friday. The firm’s 50 day simple moving average is $54.07 and its two-hundred day simple moving average is $53.27. The company has a market capitalization of $651.91 million, a PE ratio of 21.72 and a beta of 0.96. SPDR SSGA US Sector Rotation ETF has a 1-year low of $46.10 and a 1-year high of $56.30.

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.