SMART Wealth LLC Acquires New Holdings in SPDR SSGA US Sector Rotation ETF $XLSR

SMART Wealth LLC acquired a new position in SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 109,367 shares of the company’s stock, valued at approximately $7,094,000. SPDR SSGA US Sector Rotation ETF accounts for approximately 1.5% of SMART Wealth LLC’s investment portfolio, making the stock its 10th biggest holding.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Kraft Davis & Associates LLC increased its stake in SPDR SSGA US Sector Rotation ETF by 1.0% during the 2nd quarter. Kraft Davis & Associates LLC now owns 16,123 shares of the company’s stock valued at $1,039,000 after buying an additional 165 shares during the period. J2 Capital Management Inc lifted its stake in shares of SPDR SSGA US Sector Rotation ETF by 3.3% in 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 period. Royal Bank of Canada boosted its holdings in shares of SPDR SSGA US Sector Rotation ETF by 1.2% in the first quarter. Royal Bank of Canada now owns 21,403 shares of the company’s stock valued at $1,087,000 after acquiring an additional 250 shares in the last quarter. Truist Financial Corp boosted its holdings in shares of SPDR SSGA US Sector Rotation ETF by 6.1% in the fourth quarter. Truist Financial Corp now owns 7,282 shares of the company’s stock valued at $454,000 after acquiring an additional 417 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its stake in shares of SPDR SSGA US Sector Rotation ETF by 34.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,669 shares of the company’s stock valued at $92,000 after acquiring an additional 425 shares during the period.

SPDR SSGA US Sector Rotation ETF Price Performance

Shares of NYSEARCA:XLSR opened at $66.50 on Friday. SPDR SSGA US Sector Rotation ETF has a 12 month low of $55.71 and a 12 month high of $67.19. The stock has a market cap of $1.05 billion, a price-to-earnings ratio of 22.41 and a beta of 0.96. The stock’s 50 day moving average price is $65.24 and its 200 day moving average price is $63.31.

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.