Short Interest in SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) Decreases By 88.0%

SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) was the recipient of a large decline in short interest in March. As of March 13th, there was short interest totaling 3,863 shares, a decline of 88.0% from the February 26th total of 32,315 shares. Based on an average daily volume of 111,413 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

SPDR SSGA US Sector Rotation ETF Stock Down 1.8%

NYSEARCA XLSR traded down $1.08 during trading hours on Thursday, hitting $57.36. 47,848 shares of the company were exchanged, compared to its average volume of 66,042. The firm has a market cap of $835.74 million, a price-to-earnings ratio of 22.41 and a beta of 0.97. The company has a 50 day moving average of $61.00 and a two-hundred day moving average of $61.07. SPDR SSGA US Sector Rotation ETF has a 52-week low of $43.22 and a 52-week high of $63.13.

Institutional Trading of SPDR SSGA US Sector Rotation ETF

Large investors have recently made changes to their positions in the company. World Investment Advisors acquired a new position in shares of SPDR SSGA US Sector Rotation ETF during the 4th quarter worth about $1,306,000. WealthPoint Financial LLC acquired a new stake in shares of SPDR SSGA US Sector Rotation ETF during the 4th quarter worth about $1,561,000. Cetera Investment Advisers lifted its stake in SPDR SSGA US Sector Rotation ETF by 6.8% during the fourth quarter. Cetera Investment Advisers now owns 164,364 shares of the company’s stock worth $10,242,000 after purchasing an additional 10,497 shares during the last quarter. Advisory Services Network LLC boosted its holdings in SPDR SSGA US Sector Rotation ETF by 14.2% in the fourth quarter. Advisory Services Network LLC now owns 4,790 shares of the company’s stock valued at $298,000 after purchasing an additional 596 shares in the last quarter. Finally, Private Advisor Group LLC boosted its holdings in SPDR SSGA US Sector Rotation ETF by 16.3% in the fourth quarter. Private Advisor Group LLC now owns 88,270 shares of the company’s stock valued at $5,500,000 after purchasing an additional 12,351 shares in 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.