Midwest Financial Network LLC raised its stake in shares of SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR – Free Report) by 19.2% in the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 75,343 shares of the company’s stock after purchasing an additional 12,143 shares during the period. SPDR SSGA US Sector Rotation ETF accounts for about 3.3% of Midwest Financial Network LLC’s investment portfolio, making the stock its 3rd biggest holding. Midwest Financial Network LLC’s holdings in SPDR SSGA US Sector Rotation ETF were worth $4,887,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. WealthPoint Financial LLC raised its stake in shares of SPDR SSGA US Sector Rotation ETF by 17.2% in the first quarter. WealthPoint Financial LLC now owns 29,357 shares of the company’s stock worth $1,695,000 after buying an additional 4,305 shares during the period. Western Wealth Management LLC bought a new position in shares of SPDR SSGA US Sector Rotation ETF during the 1st quarter valued at approximately $384,000. NewEdge Advisors LLC grew its stake in shares of SPDR SSGA US Sector Rotation ETF by 8.2% during the 1st quarter. NewEdge Advisors LLC now owns 287,644 shares of the company’s stock valued at $16,609,000 after acquiring an additional 21,872 shares during the period. Cetera Investment Advisers increased its holdings in 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 worth $10,452,000 after acquiring an additional 16,652 shares in the last quarter. Finally, Signature Equity Partners LLC purchased a new stake in SPDR SSGA US Sector Rotation ETF in the 1st quarter worth approximately $169,000.
SPDR SSGA US Sector Rotation ETF Trading Down 0.3%
NYSEARCA XLSR opened at $66.43 on Thursday. SPDR SSGA US Sector Rotation ETF has a 12 month low of $55.46 and a 12 month high of $67.13. The stock has a market cap of $1.04 billion, a price-to-earnings ratio of 22.41 and a beta of 0.96. The company’s 50 day moving average is $64.75 and its two-hundred day moving average is $62.68.
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.
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