Private Advisor Group LLC Sells 23,813 Shares of SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR)

Private Advisor Group LLC lessened its holdings in shares of SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) by 19.6% during the 3rd quarter, Holdings Channel reports. The firm owned 97,402 shares of the company’s stock after selling 23,813 shares during the period. Private Advisor Group LLC’s holdings in SPDR SSGA US Sector Rotation ETF were worth $5,049,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Iams Wealth Management LLC purchased a new position in SPDR SSGA US Sector Rotation ETF during the 1st quarter valued at approximately $415,000. Worth Financial Advisory Group LLC grew its holdings in SPDR SSGA US Sector Rotation ETF by 45.7% during the 1st quarter. Worth Financial Advisory Group LLC now owns 41,492 shares of the company’s stock valued at $2,069,000 after buying an additional 13,006 shares in the last quarter. Janney Montgomery Scott LLC purchased a new position in shares of SPDR SSGA US Sector Rotation ETF in the 1st quarter worth approximately $256,000. Richardson Financial Services Inc. purchased a new position in shares of SPDR SSGA US Sector Rotation ETF in the 1st quarter worth approximately $107,000. Finally, Envestnet Portfolio Solutions Inc. boosted its holdings in shares of SPDR SSGA US Sector Rotation ETF by 24.8% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 991,960 shares of the company’s stock worth $49,455,000 after purchasing an additional 196,818 shares during the period.

SPDR SSGA US Sector Rotation ETF Stock Performance

Shares of SPDR SSGA US Sector Rotation ETF stock opened at $52.29 on Friday. The stock has a market cap of $542.20 million, a price-to-earnings ratio of 23.20 and a beta of 1.01. The stock has a 50 day moving average price of $51.36 and a 200-day moving average price of $50.29. SPDR SSGA US Sector Rotation ETF has a one year low of $39.44 and a one year high of $52.96.

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.