Envestnet Portfolio Solutions Inc. Grows Position in SPDR SSGA US Sector Rotation ETF $XLSR

Envestnet Portfolio Solutions Inc. boosted its stake in SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) by 9.1% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,907,224 shares of the company’s stock after purchasing an additional 159,209 shares during the quarter. Envestnet Portfolio Solutions Inc. owned about 13.85% of SPDR SSGA US Sector Rotation ETF worth $104,745,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. NewEdge Advisors LLC grew its holdings in SPDR SSGA US Sector Rotation ETF by 15.3% in the first quarter. NewEdge Advisors LLC now owns 278,772 shares of the company’s stock valued at $14,153,000 after purchasing an additional 37,027 shares during the period. Croban grew its holdings in SPDR SSGA US Sector Rotation ETF by 4.8% in the second quarter. Croban now owns 23,586 shares of the company’s stock valued at $1,295,000 after purchasing an additional 1,091 shares during the period. Triumph Capital Management grew its holdings in SPDR SSGA US Sector Rotation ETF by 28.1% in the first quarter. Triumph Capital Management now owns 11,167 shares of the company’s stock valued at $567,000 after purchasing an additional 2,451 shares during the period. CreativeOne Wealth LLC lifted its position in SPDR SSGA US Sector Rotation ETF by 16.3% during the first quarter. CreativeOne Wealth LLC now owns 98,968 shares of the company’s stock valued at $5,025,000 after buying an additional 13,878 shares in the last quarter. Finally, Kestra Advisory Services LLC lifted its position in SPDR SSGA US Sector Rotation ETF by 2.9% during the first quarter. Kestra Advisory Services LLC now owns 27,521 shares of the company’s stock valued at $1,397,000 after buying an additional 763 shares in the last quarter.

SPDR SSGA US Sector Rotation ETF Stock Down 2.5%

Shares of XLSR stock opened at $58.76 on Monday. The stock has a market cap of $827.93 million, a price-to-earnings ratio of 22.41 and a beta of 0.94. SPDR SSGA US Sector Rotation ETF has a fifty-two week low of $43.22 and a fifty-two week high of $60.53. The firm’s 50 day moving average price is $58.22 and its two-hundred day moving average price is $54.24.

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.