Lokken Investment Group LLC Lowers Holdings in SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR)

Lokken Investment Group LLC reduced its stake in shares of SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) by 6.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 48,466 shares of the company’s stock after selling 3,578 shares during the period. SPDR SSGA US Sector Rotation ETF accounts for about 1.1% of Lokken Investment Group LLC’s investment portfolio, making the stock its 21st largest position. Lokken Investment Group LLC owned 0.47% of SPDR SSGA US Sector Rotation ETF worth $2,590,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also modified their holdings of the company. Farther Finance Advisors LLC increased its position in SPDR SSGA US Sector Rotation ETF by 24.3% during the fourth quarter. Farther Finance Advisors LLC now owns 1,978 shares of the company’s stock worth $106,000 after purchasing an additional 387 shares during the last quarter. MeadowBrook Investment Advisors LLC acquired a new stake in shares of SPDR SSGA US Sector Rotation ETF during the 4th quarter worth $134,000. Smartleaf Asset Management LLC increased its holdings in shares of SPDR SSGA US Sector Rotation ETF by 88.4% during the 4th quarter. Smartleaf Asset Management LLC now owns 3,059 shares of the company’s stock worth $164,000 after buying an additional 1,435 shares during the last quarter. J2 Capital Management Inc purchased a new position in shares of SPDR SSGA US Sector Rotation ETF in the 4th quarter worth $227,000. Finally, Allworth Financial LP acquired a new position in SPDR SSGA US Sector Rotation ETF in the fourth quarter valued at $377,000.

SPDR SSGA US Sector Rotation ETF Trading Up 0.4 %

XLSR stock opened at $50.77 on Tuesday. The stock has a 50-day moving average price of $53.61 and a two-hundred day moving average price of $53.40. The company has a market cap of $657.47 million, a PE ratio of 21.67 and a beta of 0.96. SPDR SSGA US Sector Rotation ETF has a 12-month low of $46.10 and a 12-month high of $56.30.

SPDR SSGA US Sector Rotation ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Monday, March 31st. Investors of record on Wednesday, March 26th were given a dividend of $0.0868 per share. The ex-dividend date of this dividend was Wednesday, March 26th.

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.