Hibernia Wealth Partners LLC Reduces Stock Position in SPDR SSGA US Sector Rotation ETF $XLSR

Hibernia Wealth Partners LLC lessened its holdings in shares of SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) by 47.9% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 219,325 shares of the company’s stock after selling 201,321 shares during the period. SPDR SSGA US Sector Rotation ETF makes up approximately 8.4% of Hibernia Wealth Partners LLC’s holdings, making the stock its 5th largest position. Hibernia Wealth Partners LLC owned 1.56% of SPDR SSGA US Sector Rotation ETF worth $13,075,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. increased its position in SPDR SSGA US Sector Rotation ETF by 12.2% in the 3rd quarter. Envestnet Asset Management Inc. now owns 1,840,266 shares of the company’s stock worth $109,698,000 after buying an additional 200,621 shares during the period. Envestnet Portfolio Solutions Inc. boosted its position in shares of SPDR SSGA US Sector Rotation ETF by 3.3% in the third quarter. Envestnet Portfolio Solutions Inc. now owns 1,969,985 shares of the company’s stock valued at $117,431,000 after acquiring an additional 62,761 shares during the period. MML Investors Services LLC acquired a new stake in shares of SPDR SSGA US Sector Rotation ETF in the second quarter worth $1,695,000. Austin Private Wealth LLC grew its stake in shares of SPDR SSGA US Sector Rotation ETF by 9.4% in the third quarter. Austin Private Wealth LLC now owns 332,642 shares of the company’s stock worth $19,829,000 after acquiring an additional 28,558 shares during the last quarter. Finally, Cetera Investment Advisers grew its stake in shares of SPDR SSGA US Sector Rotation ETF by 21.5% in the second quarter. Cetera Investment Advisers now owns 137,575 shares of the company’s stock worth $7,556,000 after acquiring an additional 24,381 shares during the last quarter.

SPDR SSGA US Sector Rotation ETF Trading Down 1.2%

Shares of XLSR stock opened at $59.90 on Friday. The firm has a market capitalization of $872.74 million, a P/E ratio of 22.41 and a beta of 0.97. SPDR SSGA US Sector Rotation ETF has a 1 year low of $43.22 and a 1 year high of $63.13. The firm’s fifty day simple moving average is $61.87 and its 200 day simple moving average is $60.89.

SPDR SSGA US Sector Rotation ETF 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.