Envestnet Portfolio Solutions Inc. Boosts Stock Holdings in SPDR SSGA US Sector Rotation ETF $XLSR

Envestnet Portfolio Solutions Inc. boosted its stake in SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) by 8.5% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,435,953 shares of the company’s stock after purchasing an additional 191,092 shares during the quarter. Envestnet Portfolio Solutions Inc. owned about 15.49% of SPDR SSGA US Sector Rotation ETF worth $157,996,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in XLSR. LPL Financial LLC lifted its position in shares of SPDR SSGA US Sector Rotation ETF by 1.2% in the fourth quarter. LPL Financial LLC now owns 4,676,742 shares of the company’s stock worth $291,408,000 after buying an additional 55,879 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in SPDR SSGA US Sector Rotation ETF by 9.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,461,391 shares of the company’s stock valued at $159,646,000 after buying an additional 220,625 shares in the last quarter. Hibernia Wealth Partners LLC grew its holdings in SPDR SSGA US Sector Rotation ETF by 91.9% during the 4th quarter. Hibernia Wealth Partners LLC now owns 420,972 shares of the company’s stock valued at $26,231,000 after buying an additional 201,647 shares in the last quarter. NewEdge Advisors LLC increased its stake in SPDR SSGA US Sector Rotation ETF by 6.9% in the 2nd quarter. NewEdge Advisors LLC now owns 307,442 shares of the company’s stock worth $19,941,000 after acquiring an additional 19,798 shares during the last quarter. Finally, Landmark Wealth Management Inc. increased its stake in SPDR SSGA US Sector Rotation ETF by 0.4% in the 4th quarter. Landmark Wealth Management Inc. now owns 271,382 shares of the company’s stock worth $16,910,000 after acquiring an additional 1,178 shares during the last quarter.

SPDR SSGA US Sector Rotation ETF Stock Performance

Shares of XLSR traded down $0.55 during mid-day trading on Wednesday, hitting $66.71. 46,299 shares of the stock were exchanged, compared to its average volume of 60,516. The company has a market cap of $1.05 billion, a PE ratio of 22.41 and a beta of 0.96. SPDR SSGA US Sector Rotation ETF has a 52-week low of $55.71 and a 52-week high of $67.43. The firm has a 50-day moving average of $65.62 and a two-hundred day moving average of $63.76.

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.