WealthPoint Financial LLC Purchases New Shares in SPDR SSGA US Sector Rotation ETF $XLSR

WealthPoint Financial LLC purchased a new position in shares of SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) during the 4th quarter, HoldingsChannel reports. The institutional investor purchased 25,052 shares of the company’s stock, valued at approximately $1,561,000. SPDR SSGA US Sector Rotation ETF accounts for about 1.4% of WealthPoint Financial LLC’s investment portfolio, making the stock its 27th biggest holding.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Quest 10 Wealth Builders Inc. increased its stake in SPDR SSGA US Sector Rotation ETF by 97.5% in the 4th quarter. Quest 10 Wealth Builders Inc. now owns 950 shares of the company’s stock valued at $59,000 after buying an additional 469 shares during the last quarter. Wells Fargo & Company MN boosted its stake in shares of SPDR SSGA US Sector Rotation ETF by 236.3% in the 4th quarter. Wells Fargo & Company MN now owns 1,463 shares of the company’s stock worth $91,000 after buying an additional 1,028 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings 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 valued at $92,000 after acquiring an additional 425 shares in the last quarter. Farther Finance Advisors LLC grew its holdings in shares of SPDR SSGA US Sector Rotation ETF by 11.8% in the fourth quarter. Farther Finance Advisors LLC now owns 1,916 shares of the company’s stock valued at $119,000 after acquiring an additional 202 shares in the last quarter. Finally, Sigma Planning Corp purchased a new stake in shares of SPDR SSGA US Sector Rotation ETF during the fourth quarter valued at approximately $212,000.

SPDR SSGA US Sector Rotation ETF Trading Up 1.4%

Shares of SPDR SSGA US Sector Rotation ETF stock opened at $65.54 on Friday. The business’s fifty day simple moving average is $64.04 and its 200 day simple moving average is $62.21. The firm has a market capitalization of $975.89 million, a P/E ratio of 22.41 and a beta of 0.96. SPDR SSGA US Sector Rotation ETF has a 12 month low of $52.78 and a 12 month high of $66.69.

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.