NewEdge Advisors LLC Grows Stock Position in SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR)

NewEdge Advisors LLC increased its holdings in SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) by 5.2% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 214,639 shares of the company’s stock after buying an additional 10,620 shares during the period. NewEdge Advisors LLC owned about 2.07% of SPDR SSGA US Sector Rotation ETF worth $10,923,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the business. LPL Financial LLC lifted its holdings in SPDR SSGA US Sector Rotation ETF by 10.8% in the 2nd quarter. LPL Financial LLC now owns 3,873,118 shares of the company’s stock valued at $197,103,000 after purchasing an additional 377,785 shares in the last quarter. Envestnet Portfolio Solutions Inc. lifted its holdings in SPDR SSGA US Sector Rotation ETF by 23.9% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 1,229,502 shares of the company’s stock valued at $62,569,000 after purchasing an additional 237,542 shares in the last quarter. Mosley Wealth Management purchased a new position in SPDR SSGA US Sector Rotation ETF in the 4th quarter valued at about $4,116,000. Cetera Investment Advisers lifted its holdings in SPDR SSGA US Sector Rotation ETF by 136.5% in the 1st quarter. Cetera Investment Advisers now owns 107,521 shares of the company’s stock valued at $5,361,000 after purchasing an additional 62,055 shares in the last quarter. Finally, Envestnet Asset Management Inc. lifted its holdings in SPDR SSGA US Sector Rotation ETF by 3.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,105,427 shares of the company’s stock valued at $56,255,000 after purchasing an additional 35,661 shares in the last quarter.

SPDR SSGA US Sector Rotation ETF Trading Up 0.2 %

NYSEARCA:XLSR opened at $51.84 on Tuesday. The firm has a market cap of $537.53 million, a price-to-earnings ratio of 23.20 and a beta of 1.01. The company’s 50-day moving average is $50.21 and its two-hundred day moving average is $49.90. SPDR SSGA US Sector Rotation ETF has a 12-month low of $39.44 and a 12-month high of $52.41.

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.