Spinnaker Investment Group LLC Makes New Investment in SPDR SSGA US Sector Rotation ETF $XLSR

Spinnaker Investment Group LLC bought a new stake in SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm bought 13,661 shares of the company’s stock, valued at approximately $886,000. Spinnaker Investment Group LLC owned 0.09% of SPDR SSGA US Sector Rotation ETF as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in XLSR. Axxcess Wealth Management LLC boosted its position in shares of SPDR SSGA US Sector Rotation ETF by 137.0% during the 4th quarter. Axxcess Wealth Management LLC now owns 203,070 shares of the company’s stock worth $12,653,000 after acquiring an additional 117,402 shares in the last quarter. HighTower Advisors LLC raised its position in SPDR SSGA US Sector Rotation ETF by 11.4% during the fourth quarter. HighTower Advisors LLC now owns 132,688 shares of the company’s stock valued at $8,268,000 after purchasing an additional 13,576 shares in the last quarter. Mosley Wealth Management acquired a new position in SPDR SSGA US Sector Rotation ETF during the fourth quarter valued at approximately $12,029,000. FSA Advisors Inc. bought a new stake in SPDR SSGA US Sector Rotation ETF during the fourth quarter worth $582,000. Finally, World Investment Advisors bought a new stake in SPDR SSGA US Sector Rotation ETF during the fourth quarter worth $1,306,000.

SPDR SSGA US Sector Rotation ETF Stock Up 0.1%

Shares of XLSR stock opened at $66.70 on Tuesday. The business has a fifty day simple moving average of $64.76 and a 200 day simple moving average of $62.78. The company has a market cap of $1.05 billion, a P/E ratio of 22.41 and a beta of 0.96. SPDR SSGA US Sector Rotation ETF has a twelve month low of $55.71 and a twelve month high of $67.13.

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.