SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) Sees Significant Decline in Short Interest

SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) was the recipient of a significant decline in short interest in the month of December. As of December 31st, there was short interest totaling 2,419 shares, a decline of 85.4% from the December 15th total of 16,606 shares. Based on an average daily trading volume, of 43,290 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are short sold. Approximately 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 43,290 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in XLSR. Stone House Investment Management LLC acquired a new position in shares of SPDR SSGA US Sector Rotation ETF during the third quarter valued at approximately $57,000. Northwestern Mutual Wealth Management Co. grew its stake in shares of SPDR SSGA US Sector Rotation ETF by 34.2% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,669 shares of the company’s stock worth $92,000 after acquiring an additional 425 shares in the last quarter. Farther Finance Advisors LLC grew its holdings in SPDR SSGA US Sector Rotation ETF by 23.0% during the 2nd quarter. Farther Finance Advisors LLC now owns 1,752 shares of the company’s stock worth $96,000 after acquiring an additional 328 shares in the last quarter. Creative Financial Designs Inc. ADV boosted its position in shares of SPDR SSGA US Sector Rotation ETF by 65.3% during the 2nd quarter. Creative Financial Designs Inc. ADV now owns 2,545 shares of the company’s stock worth $140,000 after acquiring an additional 1,005 shares in the last quarter. Finally, Integrated Wealth Concepts LLC acquired a new position in shares of SPDR SSGA US Sector Rotation ETF in the 3rd quarter valued at $220,000.

SPDR SSGA US Sector Rotation ETF Stock Up 0.1%

Shares of NYSEARCA XLSR traded up $0.09 during mid-day trading on Monday, reaching $62.93. 109,815 shares of the company were exchanged, compared to its average volume of 76,402. The stock has a market capitalization of $901.16 million, a PE ratio of 22.41 and a beta of 0.97. The company’s 50 day moving average price is $62.01 and its 200 day moving average price is $59.34. SPDR SSGA US Sector Rotation ETF has a 52 week low of $43.22 and a 52 week high of $63.13.

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.