SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) Short Interest Update

SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) was the recipient of a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 105,737 shares, a growth of 99.6% from the May 14th total of 52,966 shares. Based on an average trading volume of 42,985 shares, the short-interest ratio is presently 2.5 days. Currently, 0.7% of the company’s shares are sold short.

Institutional Trading of SPDR SSGA US Sector Rotation ETF

A number of institutional investors have recently bought and sold shares of the business. Midwest Financial Network LLC grew its holdings in shares of SPDR SSGA US Sector Rotation ETF by 76.8% in the 1st quarter. Midwest Financial Network LLC now owns 63,200 shares of the company’s stock valued at $3,649,000 after buying an additional 27,451 shares during the period. NewEdge Advisors LLC grew its holdings in shares of SPDR SSGA US Sector Rotation ETF by 8.2% in the 1st quarter. NewEdge Advisors LLC now owns 287,644 shares of the company’s stock valued at $16,609,000 after buying an additional 21,872 shares during the period. Western Wealth Management LLC acquired a new position in shares of SPDR SSGA US Sector Rotation ETF in the 1st quarter valued at $384,000. Cetera Investment Advisers grew its holdings in shares of SPDR SSGA US Sector Rotation ETF by 10.1% in the 1st quarter. Cetera Investment Advisers now owns 181,016 shares of the company’s stock valued at $10,452,000 after buying an additional 16,652 shares during the period. Finally, Signature Equity Partners LLC acquired a new position in shares of SPDR SSGA US Sector Rotation ETF in the 1st quarter valued at $169,000.

SPDR SSGA US Sector Rotation ETF Stock Performance

XLSR traded down $0.27 during trading on Tuesday, reaching $65.66. 25,975 shares of the company’s stock were exchanged, compared to its average volume of 67,699. The company’s fifty day moving average price is $63.63 and its 200-day moving average price is $62.15. SPDR SSGA US Sector Rotation ETF has a fifty-two week low of $52.78 and a fifty-two week high of $66.69. The firm has a market capitalization of $977.68 million, a PE ratio of 22.41 and a beta of 0.96.

About SPDR SSGA US Sector Rotation ETF

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.