Kraft Davis & Associates LLC Makes New Investment in SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR)

Kraft Davis & Associates LLC acquired a new stake in shares of SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) in the third quarter, HoldingsChannel.com reports. The fund acquired 4,125 shares of the company’s stock, valued at approximately $214,000.

A number of other hedge funds also recently bought and sold shares of XLSR. Spectrum Planning & Advisory Services Inc. lifted its position in SPDR SSGA US Sector Rotation ETF by 11.9% during the third quarter. Spectrum Planning & Advisory Services Inc. now owns 16,129 shares of the company’s stock valued at $836,000 after buying an additional 1,717 shares during the period. Balboa Wealth Partners lifted its position in SPDR SSGA US Sector Rotation ETF by 3.9% during the 3rd quarter. Balboa Wealth Partners now owns 30,447 shares of the company’s stock valued at $1,578,000 after acquiring an additional 1,140 shares during the period. International Private Wealth Advisors LLC boosted its stake in SPDR SSGA US Sector Rotation ETF by 32.3% during the third quarter. International Private Wealth Advisors LLC now owns 37,962 shares of the company’s stock worth $1,968,000 after acquiring an additional 9,276 shares in the last quarter. First Heartland Consultants Inc. purchased a new stake in SPDR SSGA US Sector Rotation ETF in the third quarter worth about $251,000. Finally, Harbour Investments Inc. increased its stake in shares of SPDR SSGA US Sector Rotation ETF by 18.5% during the third quarter. Harbour Investments Inc. now owns 166,516 shares of the company’s stock valued at $8,631,000 after purchasing an additional 26,013 shares in the last quarter.

SPDR SSGA US Sector Rotation ETF Trading Up 0.2 %

Shares of NYSEARCA:XLSR opened at $53.76 on Wednesday. The stock has a fifty day simple moving average of $52.17 and a two-hundred day simple moving average of $50.88. SPDR SSGA US Sector Rotation ETF has a 12-month low of $43.34 and a 12-month high of $54.46. The stock has a market capitalization of $557.49 million, a price-to-earnings ratio of 23.20 and a beta of 1.01.

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.