Transce3nd LLC Makes New Investment in SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR)

Transce3nd LLC purchased a new position in shares of SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 4,865 shares of the company’s stock, valued at approximately $260,000.

A number of other hedge funds also recently added to or reduced their stakes in the stock. LPL Financial LLC grew its holdings in SPDR SSGA US Sector Rotation ETF by 2.5% during the 4th quarter. LPL Financial LLC now owns 4,142,278 shares of the company’s stock valued at $221,363,000 after buying an additional 102,790 shares during the last quarter. Envestnet Portfolio Solutions Inc. raised its stake in SPDR SSGA US Sector Rotation ETF by 8.4% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 1,654,622 shares of the company’s stock valued at $88,423,000 after purchasing an additional 127,682 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in SPDR SSGA US Sector Rotation ETF by 16.7% in the 4th quarter. Envestnet Asset Management Inc. now owns 1,370,132 shares of the company’s stock valued at $73,220,000 after purchasing an additional 196,292 shares in the last quarter. Park Avenue Securities LLC grew its holdings in shares of SPDR SSGA US Sector Rotation ETF by 2.8% during the fourth quarter. Park Avenue Securities LLC now owns 420,225 shares of the company’s stock worth $22,457,000 after buying an additional 11,416 shares in the last quarter. Finally, NewEdge Advisors LLC raised its position in shares of SPDR SSGA US Sector Rotation ETF by 0.5% in the fourth quarter. NewEdge Advisors LLC now owns 241,745 shares of the company’s stock valued at $12,919,000 after buying an additional 1,092 shares during the last quarter.

SPDR SSGA US Sector Rotation ETF Stock Performance

XLSR stock opened at $47.28 on Monday. SPDR SSGA US Sector Rotation ETF has a one year low of $43.22 and a one year high of $56.30. The stock has a market capitalization of $623.15 million, a P/E ratio of 21.19 and a beta of 0.97. The company has a 50 day moving average price of $51.22 and a two-hundred day moving average price of $52.97.

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.