Verus Capital Partners LLC decreased its holdings in SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR – Free Report) by 12.2% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 4,361 shares of the company’s stock after selling 608 shares during the quarter. Verus Capital Partners LLC’s holdings in SPDR SSGA US Sector Rotation ETF were worth $226,000 at the end of the most recent reporting period.
Several other hedge funds have also recently added to or reduced their stakes in the business. Richardson Financial Services Inc. grew its position in SPDR SSGA US Sector Rotation ETF by 98.8% during the 3rd quarter. Richardson Financial Services Inc. now owns 4,243 shares of the company’s stock worth $218,000 after purchasing an additional 2,109 shares in the last quarter. True Vision MN LLC purchased a new position in SPDR SSGA US Sector Rotation ETF during the 2nd quarter worth approximately $248,000. Janney Montgomery Scott LLC purchased a new position in SPDR SSGA US Sector Rotation ETF during the 1st quarter worth approximately $256,000. Maia Wealth LLC purchased a new position in SPDR SSGA US Sector Rotation ETF during the 2nd quarter worth approximately $313,000. Finally, Creative Planning grew its position in SPDR SSGA US Sector Rotation ETF by 4.6% during the 2nd quarter. Creative Planning now owns 6,840 shares of the company’s stock worth $348,000 after purchasing an additional 300 shares in the last quarter.
SPDR SSGA US Sector Rotation ETF Stock Performance
NYSEARCA XLSR opened at $54.21 on Thursday. The firm’s 50 day moving average price is $51.90 and its two-hundred day moving average price is $50.74. The stock has a market cap of $562.14 million, a price-to-earnings ratio of 23.20 and a beta of 1.01. SPDR SSGA US Sector Rotation ETF has a twelve month low of $42.92 and a twelve month high of $54.46.
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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