SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) Sets New 12-Month High – Time to Buy?

SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) reached a new 52-week high on Wednesday . The stock traded as high as $63.71 and last traded at $63.66, with a volume of 46911 shares. The stock had previously closed at $63.06.

SPDR SSGA US Sector Rotation ETF Stock Performance

The stock has a fifty day simple moving average of $60.37 and a two-hundred day simple moving average of $61.34. The stock has a market cap of $958.47 million, a price-to-earnings ratio of 22.41 and a beta of 0.96.

Institutional Trading of SPDR SSGA US Sector Rotation ETF

Large investors have recently bought and sold shares of the business. LPL Financial LLC grew its position in SPDR SSGA US Sector Rotation ETF by 1.2% in the fourth quarter. LPL Financial LLC now owns 4,676,742 shares of the company’s stock valued at $291,408,000 after acquiring an additional 55,879 shares during the last quarter. Envestnet Portfolio Solutions Inc. lifted its holdings in shares of SPDR SSGA US Sector Rotation ETF by 3.5% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 2,038,665 shares of the company’s stock worth $127,029,000 after acquiring an additional 68,680 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of SPDR SSGA US Sector Rotation ETF by 12.2% in the 3rd quarter. Envestnet Asset Management Inc. now owns 1,840,266 shares of the company’s stock valued at $109,698,000 after purchasing an additional 200,621 shares in the last quarter. Park Avenue Securities LLC boosted its stake in shares of SPDR SSGA US Sector Rotation ETF by 5.3% in the 4th quarter. Park Avenue Securities LLC now owns 486,505 shares of the company’s stock valued at $30,314,000 after purchasing an additional 24,584 shares in the last quarter. Finally, Hibernia Wealth Partners LLC grew its holdings in shares of SPDR SSGA US Sector Rotation ETF by 91.9% during the 4th quarter. Hibernia Wealth Partners LLC now owns 420,972 shares of the company’s stock valued at $26,231,000 after purchasing an additional 201,647 shares during the last quarter.

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.