M1 Capital Management LLC lowered its position in shares of SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR – Free Report) by 10.2% in the second quarter, HoldingsChannel.com reports. The fund owned 5,081 shares of the company’s stock after selling 577 shares during the quarter. M1 Capital Management LLC’s holdings in SPDR SSGA US Sector Rotation ETF were worth $279,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Royal Bank of Canada lifted its position 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 worth $1,087,000 after acquiring an additional 250 shares during the period. FSA Advisors Inc. lifted its holdings in shares of SPDR SSGA US Sector Rotation ETF by 4.5% in the 1st quarter. FSA Advisors Inc. now owns 7,475 shares of the company’s stock valued at $379,000 after buying an additional 321 shares during the period. Farther Finance Advisors LLC lifted its holdings in shares of SPDR SSGA US Sector Rotation ETF by 23.0% in the 2nd quarter. Farther Finance Advisors LLC now owns 1,752 shares of the company’s stock valued at $96,000 after buying an additional 328 shares during the period. Nwam LLC lifted its holdings in shares of SPDR SSGA US Sector Rotation ETF by 6.6% in the 1st quarter. Nwam LLC now owns 5,408 shares of the company’s stock valued at $275,000 after buying an additional 335 shares during the period. Finally, Spectrum Planning & Advisory Services Inc. lifted its holdings in shares of SPDR SSGA US Sector Rotation ETF by 2.2% in the 2nd quarter. Spectrum Planning & Advisory Services Inc. now owns 15,938 shares of the company’s stock valued at $875,000 after buying an additional 348 shares during the period.
SPDR SSGA US Sector Rotation ETF Stock Down 0.1%
Shares of XLSR stock opened at $60.29 on Friday. The stock has a market cap of $848.88 million, a PE ratio of 22.41 and a beta of 0.94. The business has a 50-day simple moving average of $58.14 and a 200-day simple moving average of $54.17. SPDR SSGA US Sector Rotation ETF has a 52-week low of $43.22 and a 52-week high of $60.45.
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.
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