Absolute Capital Management LLC Has $449,000 Position in SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR)

Absolute Capital Management LLC increased its stake in SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) by 31.3% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 9,802 shares of the company’s stock after purchasing an additional 2,337 shares during the quarter. Absolute Capital Management LLC owned approximately 0.14% of SPDR SSGA US Sector Rotation ETF worth $449,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in XLSR. Atria Wealth Solutions Inc. lifted its holdings in shares of SPDR SSGA US Sector Rotation ETF by 3.8% during the fourth quarter. Atria Wealth Solutions Inc. now owns 31,276 shares of the company’s stock worth $1,431,000 after buying an additional 1,135 shares during the last quarter. Austin Private Wealth LLC lifted its holdings in shares of SPDR SSGA US Sector Rotation ETF by 3.5% during the third quarter. Austin Private Wealth LLC now owns 41,344 shares of the company’s stock worth $1,706,000 after buying an additional 1,379 shares during the last quarter. Cambridge Investment Research Advisors Inc. lifted its holdings in shares of SPDR SSGA US Sector Rotation ETF by 3.3% during the third quarter. Cambridge Investment Research Advisors Inc. now owns 43,869 shares of the company’s stock worth $1,810,000 after buying an additional 1,395 shares during the last quarter. VisionPoint Advisory Group LLC lifted its holdings in shares of SPDR SSGA US Sector Rotation ETF by 153.4% during the third quarter. VisionPoint Advisory Group LLC now owns 3,119 shares of the company’s stock worth $129,000 after buying an additional 1,888 shares during the last quarter. Finally, Worth Financial Advisory Group LLC lifted its holdings in shares of SPDR SSGA US Sector Rotation ETF by 7.5% during the fourth quarter. Worth Financial Advisory Group LLC now owns 28,486 shares of the company’s stock worth $1,303,000 after buying an additional 1,987 shares during the last quarter.

SPDR SSGA US Sector Rotation ETF Stock Up 0.8 %

Shares of XLSR stock opened at $48.20 on Friday. SPDR SSGA US Sector Rotation ETF has a 12 month low of $39.31 and a 12 month high of $49.99. The firm has a market cap of $484.84 million, a PE ratio of 23.35 and a beta of 1.01. The stock has a 50 day moving average of $48.72 and a 200-day moving average of $45.90.

About SPDR SSGA US Sector Rotation ETF

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.