Axxcess Wealth Management LLC Increases Stock Position in SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR)

Axxcess Wealth Management LLC grew its stake in shares of SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) by 3.7% during the first quarter, HoldingsChannel.com reports. The fund owned 100,663 shares of the company’s stock after buying an additional 3,559 shares during the quarter. Axxcess Wealth Management LLC’s holdings in SPDR SSGA US Sector Rotation ETF were worth $5,111,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in XLSR. Private Client Services LLC boosted its holdings in shares of SPDR SSGA US Sector Rotation ETF by 3.8% in the first quarter. Private Client Services LLC now owns 6,824 shares of the company’s stock worth $346,000 after buying an additional 249 shares during the last quarter. Farther Finance Advisors LLC boosted its holdings in shares of SPDR SSGA US Sector Rotation ETF by 24.3% in the fourth quarter. Farther Finance Advisors LLC now owns 1,978 shares of the company’s stock worth $106,000 after buying an additional 387 shares during the last quarter. Absolute Capital Management LLC boosted its holdings in shares of SPDR SSGA US Sector Rotation ETF by 4.0% in the fourth quarter. Absolute Capital Management LLC now owns 10,158 shares of the company’s stock worth $545,000 after buying an additional 389 shares during the last quarter. First Heartland Consultants Inc. boosted its holdings in shares of SPDR SSGA US Sector Rotation ETF by 8.3% in the fourth quarter. First Heartland Consultants Inc. now owns 5,242 shares of the company’s stock worth $280,000 after buying an additional 402 shares during the last quarter. Finally, Capital Asset Advisory Services LLC boosted its holdings in shares of SPDR SSGA US Sector Rotation ETF by 4.9% in the first quarter. Capital Asset Advisory Services LLC now owns 14,411 shares of the company’s stock worth $740,000 after buying an additional 675 shares during the last quarter.

SPDR SSGA US Sector Rotation ETF Trading Up 0.5%

NYSEARCA XLSR opened at $55.25 on Thursday. SPDR SSGA US Sector Rotation ETF has a 12 month low of $43.22 and a 12 month high of $56.30. The stock has a market cap of $754.16 million, a price-to-earnings ratio of 22.41 and a beta of 0.94. The company’s 50 day moving average is $52.93 and its two-hundred day moving average is $52.48.

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.