SPDR SSGA US Sector Rotation ETF $XLSR Stock: Park Avenue Securities LLC Decreases Holdings

Park Avenue Securities LLC cut its stake in shares of SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) by 46.7% in the 3rd quarter, Holdings Channel reports. The firm owned 489,251 shares of the company’s stock after selling 428,700 shares during the quarter. Park Avenue Securities LLC’s holdings in SPDR SSGA US Sector Rotation ETF were worth $32,491,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. IFP Advisors Inc acquired a new position in SPDR SSGA US Sector Rotation ETF during the 2nd quarter valued at approximately $131,000. Brown Lisle Cummings Inc. increased its position in SPDR SSGA US Sector Rotation ETF by 45.8% in the second quarter. Brown Lisle Cummings Inc. now owns 2,239 shares of the company’s stock worth $145,000 after buying an additional 703 shares during the period. Farther Finance Advisors LLC increased its position in SPDR SSGA US Sector Rotation ETF by 11.1% in the third quarter. Farther Finance Advisors LLC now owns 2,217 shares of the company’s stock worth $147,000 after buying an additional 221 shares during the period. Signature Equity Partners LLC acquired a new stake in SPDR SSGA US Sector Rotation ETF in the first quarter worth $169,000. Finally, Adamsbrown Wealth Consultants LLC bought a new stake in SPDR SSGA US Sector Rotation ETF in the second quarter valued at $251,000.

SPDR SSGA US Sector Rotation ETF Stock Performance

XLSR stock opened at $66.14 on Tuesday. SPDR SSGA US Sector Rotation ETF has a 1 year low of $55.71 and a 1 year high of $67.86. The stock has a market capitalization of $1.08 billion, a price-to-earnings ratio of 22.41 and a beta of 0.96. The stock’s fifty day moving average is $66.46 and its two-hundred day moving average is $63.76.

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.