NewEdge Advisors LLC Grows Stake in SPDR SSGA US Sector Rotation ETF $XLSR

NewEdge Advisors LLC boosted its holdings in shares of SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) by 8.2% during the 1st quarter, Holdings Channel reports. The firm owned 287,644 shares of the company’s stock after buying an additional 21,872 shares during the period. NewEdge Advisors LLC’s holdings in SPDR SSGA US Sector Rotation ETF were worth $16,609,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in the business. Royal Bank of Canada grew its holdings in SPDR SSGA US Sector Rotation ETF by 1.2% during the 1st quarter. Royal Bank of Canada now owns 21,403 shares of the company’s stock valued at $1,087,000 after buying an additional 250 shares in the last quarter. Jane Street Group LLC purchased a new position in shares of SPDR SSGA US Sector Rotation ETF in the first quarter worth $597,000. Northwestern Mutual Wealth Management Co. boosted its position in shares of SPDR SSGA US Sector Rotation ETF by 34.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,669 shares of the company’s stock worth $92,000 after acquiring an additional 425 shares during the last quarter. Raymond James Financial Inc. bought a new position in shares of SPDR SSGA US Sector Rotation ETF during the second quarter worth $285,000. Finally, MML Investors Services LLC bought a new position in shares of SPDR SSGA US Sector Rotation ETF during the second quarter worth $1,695,000.

SPDR SSGA US Sector Rotation ETF Stock Performance

XLSR opened at $66.66 on Friday. The stock has a market capitalization of $1.05 billion, a price-to-earnings ratio of 22.41 and a beta of 0.96. The company has a fifty day moving average of $64.75 and a 200 day moving average of $62.73. SPDR SSGA US Sector Rotation ETF has a fifty-two week low of $55.71 and a fifty-two week high of $67.13.

SPDR SSGA US Sector Rotation ETF Company Profile

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.