SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) Shares Sold by Truist Financial Corp

Truist Financial Corp cut its position in SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) by 12.1% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 6,490 shares of the company’s stock after selling 895 shares during the period. Truist Financial Corp owned approximately 0.06% of SPDR SSGA US Sector Rotation ETF worth $330,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of the company. Richardson Financial Services Inc. acquired a new position in SPDR SSGA US Sector Rotation ETF in the 1st quarter worth approximately $107,000. True Vision MN LLC acquired a new stake in shares of SPDR SSGA US Sector Rotation ETF in the second quarter worth $248,000. Janney Montgomery Scott LLC purchased a new position in shares of SPDR SSGA US Sector Rotation ETF during the first quarter worth $256,000. Maia Wealth LLC purchased a new position in shares of SPDR SSGA US Sector Rotation ETF during the second quarter worth $313,000. Finally, Creative Planning lifted its position in SPDR SSGA US Sector Rotation ETF by 4.6% during the second quarter. Creative Planning now owns 6,840 shares of the company’s stock valued at $348,000 after purchasing an additional 300 shares during the period.

SPDR SSGA US Sector Rotation ETF Stock Performance

Shares of XLSR opened at $52.81 on Friday. The business’s 50-day moving average is $51.09 and its two-hundred day moving average is $50.17. The company has a market capitalization of $547.64 million, a P/E ratio of 23.20 and a beta of 1.01. SPDR SSGA US Sector Rotation ETF has a fifty-two week low of $39.44 and a fifty-two week high of $52.96.

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.