SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) Shares Cross Above Two Hundred Day Moving Average – Should You Sell?

SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) shares passed above its two hundred day moving average during trading on Friday. The stock has a two hundred day moving average of $63.89 and traded as high as $65.03. SPDR SSGA US Sector Rotation ETF shares last traded at $63.95, with a volume of 121,384 shares changing hands.

SPDR SSGA US Sector Rotation ETF Stock Up 0.8%

The firm has a market capitalization of $1.05 billion, a PE ratio of 22.41 and a beta of 0.96. The firm has a 50-day moving average price of $66.32 and a 200 day moving average price of $63.89.

Institutional Trading of SPDR SSGA US Sector Rotation ETF

Several hedge funds have recently modified their holdings of XLSR. Envestnet Asset Management Inc. raised its holdings in shares of SPDR SSGA US Sector Rotation ETF by 9.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 2,461,391 shares of the company’s stock valued at $159,646,000 after purchasing an additional 220,625 shares in the last quarter. Envestnet Portfolio Solutions Inc. grew its position in SPDR SSGA US Sector Rotation ETF by 8.5% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 2,435,953 shares of the company’s stock worth $157,996,000 after purchasing an additional 191,092 shares during the last quarter. NewEdge Advisors LLC increased its position in SPDR SSGA US Sector Rotation ETF by 6.9% in the 2nd quarter. NewEdge Advisors LLC now owns 307,442 shares of the company’s stock valued at $19,941,000 after acquiring an additional 19,798 shares during the period. Signal Advisors Wealth LLC increased its holdings in shares of SPDR SSGA US Sector Rotation ETF by 12.1% in the third quarter. Signal Advisors Wealth LLC now owns 287,010 shares of the company’s stock valued at $19,060,000 after purchasing an additional 31,061 shares during the period. Finally, Raleigh Capital Management Inc. increased its stake in SPDR SSGA US Sector Rotation ETF by 6.3% in the 3rd quarter. Raleigh Capital Management Inc. now owns 158,909 shares of the company’s stock valued at $10,553,000 after buying an additional 9,471 shares during the period.

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.