HighTower Advisors LLC Has $4.80 Million Position in SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR)

HighTower Advisors LLC lessened its holdings in SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) by 1.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 89,724 shares of the company’s stock after selling 1,307 shares during the period. HighTower Advisors LLC owned 0.87% of SPDR SSGA US Sector Rotation ETF worth $4,795,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Stifel Financial Corp lifted its stake in shares of SPDR SSGA US Sector Rotation ETF by 14.7% during the 3rd quarter. Stifel Financial Corp now owns 10,387 shares of the company’s stock worth $538,000 after buying an additional 1,330 shares during the last quarter. Atria Investments Inc lifted its position in SPDR SSGA US Sector Rotation ETF by 16.8% during the third quarter. Atria Investments Inc now owns 9,997 shares of the company’s stock worth $518,000 after acquiring an additional 1,437 shares during the last quarter. Allworth Financial LP acquired a new stake in SPDR SSGA US Sector Rotation ETF during the fourth quarter worth approximately $377,000. Sanctuary Advisors LLC boosted its holdings in shares of SPDR SSGA US Sector Rotation ETF by 1.4% during the fourth quarter. Sanctuary Advisors LLC now owns 115,180 shares of the company’s stock worth $6,366,000 after acquiring an additional 1,564 shares during the period. Finally, Park Avenue Securities LLC grew its position in shares of SPDR SSGA US Sector Rotation ETF by 2.8% in the fourth quarter. Park Avenue Securities LLC now owns 420,225 shares of the company’s stock valued at $22,457,000 after purchasing an additional 11,416 shares during the last quarter.

SPDR SSGA US Sector Rotation ETF Trading Up 1.2 %

NYSEARCA:XLSR opened at $51.58 on Thursday. The stock has a 50 day simple moving average of $53.92 and a 200 day simple moving average of $53.28. The stock has a market cap of $658.68 million, a P/E ratio of 21.72 and a beta of 0.96. SPDR SSGA US Sector Rotation ETF has a 1-year low of $46.10 and a 1-year high of $56.30.

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.