SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) Sets New 52-Week High – Here’s What Happened

SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR)’s share price reached a new 52-week high during trading on Wednesday . The company traded as high as $63.03 and last traded at $63.02, with a volume of 19704 shares traded. The stock had previously closed at $62.81.

SPDR SSGA US Sector Rotation ETF Trading Up 0.3%

The stock’s 50-day moving average price is $61.53 and its 200-day moving average price is $58.43. The company has a market capitalization of $885.29 million, a P/E ratio of 22.41 and a beta of 0.97.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Stone House Investment Management LLC acquired a new position in shares of SPDR SSGA US Sector Rotation ETF during the third quarter valued at $57,000. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of SPDR SSGA US Sector Rotation ETF by 34.2% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,669 shares of the company’s stock worth $92,000 after buying an additional 425 shares during the period. Farther Finance Advisors LLC raised its stake in SPDR SSGA US Sector Rotation ETF by 23.0% during the 2nd quarter. Farther Finance Advisors LLC now owns 1,752 shares of the company’s stock valued at $96,000 after purchasing an additional 328 shares during the period. Creative Financial Designs Inc. ADV lifted its stake in SPDR SSGA US Sector Rotation ETF by 65.3% in the 2nd quarter. Creative Financial Designs Inc. ADV now owns 2,545 shares of the company’s stock worth $140,000 after acquiring an additional 1,005 shares in the last quarter. Finally, Transce3nd LLC lifted its position in shares of SPDR SSGA US Sector Rotation ETF by 8.7% in the second quarter. Transce3nd LLC now owns 3,786 shares of the company’s stock worth $208,000 after purchasing an additional 302 shares in the last quarter.

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.