SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) Sets New 12-Month High – Here’s Why

Shares of SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) hit a new 52-week high on Tuesday . The company traded as high as $65.21 and last traded at $65.06, with a volume of 71481 shares traded. The stock had previously closed at $64.91.

SPDR SSGA US Sector Rotation ETF Trading Up 0.2%

The firm has a market cap of $968.74 million, a P/E ratio of 22.41 and a beta of 0.96. The business has a 50-day moving average of $60.51 and a two-hundred day moving average of $61.40.

Institutional Investors Weigh In On SPDR SSGA US Sector Rotation ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Farther Finance Advisors LLC grew its position in SPDR SSGA US Sector Rotation ETF by 11.8% during the 4th quarter. Farther Finance Advisors LLC now owns 1,916 shares of the company’s stock worth $119,000 after acquiring an additional 202 shares during the last quarter. J2 Capital Management Inc grew its position in SPDR SSGA US Sector Rotation ETF by 3.3% during the 1st quarter. J2 Capital Management Inc now owns 6,552 shares of the company’s stock worth $378,000 after acquiring an additional 207 shares during the last quarter. Royal Bank of Canada grew 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 last quarter. True Vision MN LLC grew its position in SPDR SSGA US Sector Rotation ETF by 3.7% during the 4th quarter. True Vision MN LLC now owns 7,757 shares of the company’s stock worth $483,000 after acquiring an additional 274 shares during the last quarter. Finally, Apella Capital LLC grew its position in SPDR SSGA US Sector Rotation ETF by 1.1% during the 4th quarter. Apella Capital LLC now owns 28,098 shares of the company’s stock worth $1,751,000 after acquiring an additional 318 shares during the last quarter.

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.