Axxcess Wealth Management LLC Sells 9,614 Shares of SPDR SSGA US Sector Rotation ETF $XLSR

Axxcess Wealth Management LLC trimmed its position in SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) by 10.1% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 85,668 shares of the company’s stock after selling 9,614 shares during the period. Axxcess Wealth Management LLC owned 0.61% of SPDR SSGA US Sector Rotation ETF worth $5,107,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in XLSR. Hibernia Wealth Partners LLC raised its position in shares of SPDR SSGA US Sector Rotation ETF by 98.9% in the second quarter. Hibernia Wealth Partners LLC now owns 420,646 shares of the company’s stock worth $23,102,000 after buying an additional 209,154 shares in the last quarter. Envestnet Asset Management Inc. grew its position in SPDR SSGA US Sector Rotation ETF by 12.2% during the third quarter. Envestnet Asset Management Inc. now owns 1,840,266 shares of the company’s stock worth $109,698,000 after buying an additional 200,621 shares in the last quarter. Austin Private Wealth LLC increased its stake in SPDR SSGA US Sector Rotation ETF by 70.6% in the 2nd quarter. Austin Private Wealth LLC now owns 304,084 shares of the company’s stock worth $16,700,000 after acquiring an additional 125,819 shares during the last quarter. Envestnet Portfolio Solutions Inc. raised its holdings in shares of SPDR SSGA US Sector Rotation ETF by 3.3% in the 3rd quarter. Envestnet Portfolio Solutions Inc. now owns 1,969,985 shares of the company’s stock valued at $117,431,000 after acquiring an additional 62,761 shares in the last quarter. Finally, MML Investors Services LLC purchased a new stake in shares of SPDR SSGA US Sector Rotation ETF in the 2nd quarter valued at about $1,695,000.

SPDR SSGA US Sector Rotation ETF Trading Up 0.5%

Shares of XLSR opened at $61.10 on Thursday. SPDR SSGA US Sector Rotation ETF has a 12-month low of $43.22 and a 12-month high of $63.13. The company has a market cap of $890.23 million, a PE ratio of 22.41 and a beta of 0.97. The stock has a 50-day moving average price of $62.18 and a 200-day moving average price of $60.54.

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.