SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) Short Interest Down 88.0% in March

SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) was the target of a significant decrease in short interest during the month of March. As of March 13th, there was short interest totaling 3,863 shares, a decrease of 88.0% from the February 26th total of 32,315 shares. Based on an average trading volume of 111,413 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are sold short. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 111,413 shares, the short-interest ratio is currently 0.0 days.

Hedge Funds Weigh In On SPDR SSGA US Sector Rotation ETF

A number of hedge funds have recently bought and sold shares of the company. Park Avenue Securities LLC grew its holdings in SPDR SSGA US Sector Rotation ETF by 4.2% during the 3rd quarter. Park Avenue Securities LLC now owns 461,921 shares of the company’s stock worth $27,535,000 after acquiring an additional 18,509 shares during the period. J.W. Cole Advisors Inc. acquired a new position in shares of SPDR SSGA US Sector Rotation ETF in the 3rd quarter valued at about $491,000. Envestnet Asset Management Inc. lifted its stake in shares of 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 valued at $109,698,000 after purchasing an additional 200,621 shares during the period. Austin Private Wealth LLC boosted its position in shares of SPDR SSGA US Sector Rotation ETF by 9.4% during the 3rd quarter. Austin Private Wealth LLC now owns 332,642 shares of the company’s stock valued at $19,829,000 after purchasing an additional 28,558 shares in the last quarter. Finally, AE Wealth Management LLC grew its stake in SPDR SSGA US Sector Rotation ETF by 8.4% during the third quarter. AE Wealth Management LLC now owns 127,124 shares of the company’s stock worth $7,578,000 after purchasing an additional 9,813 shares during the period.

SPDR SSGA US Sector Rotation ETF Trading Down 0.7%

NYSEARCA:XLSR traded down $0.41 on Tuesday, reaching $58.13. 49,998 shares of the stock traded hands, compared to its average volume of 66,804. SPDR SSGA US Sector Rotation ETF has a 1-year low of $43.22 and a 1-year high of $63.13. The company’s 50 day moving average is $61.08 and its 200-day moving average is $61.09. The firm has a market capitalization of $846.95 million, a price-to-earnings ratio of 22.41 and a beta of 0.97.

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.