SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) Short Interest Down 88.0% in March

SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) saw a significant decline in short interest during the month of March. As of March 13th, there was short interest totaling 3,863 shares, a decline of 88.0% from the February 26th total of 32,315 shares. Based on an average trading volume of 111,413 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 111,413 shares, the days-to-cover ratio is currently 0.0 days.

SPDR SSGA US Sector Rotation ETF Stock Up 0.5%

NYSEARCA XLSR traded up $0.31 on Wednesday, hitting $58.44. 46,401 shares of the stock were exchanged, compared to its average volume of 66,430. SPDR SSGA US Sector Rotation ETF has a fifty-two week low of $43.22 and a fifty-two week high of $63.13. The company has a 50-day moving average price of $61.08 and a 200-day moving average price of $61.09. The company has a market cap of $851.47 million, a PE ratio of 22.41 and a beta of 0.97.

Hedge Funds Weigh In On SPDR SSGA US Sector Rotation ETF

Institutional investors and hedge funds have recently modified their holdings of the company. World Investment Advisors acquired a new stake in SPDR SSGA US Sector Rotation ETF in the fourth quarter valued at $1,306,000. WealthPoint Financial LLC acquired a new position in shares of SPDR SSGA US Sector Rotation ETF during the 4th quarter worth about $1,561,000. Cetera Investment Advisers increased its holdings in shares of SPDR SSGA US Sector Rotation ETF by 6.8% in the 4th quarter. Cetera Investment Advisers now owns 164,364 shares of the company’s stock valued at $10,242,000 after acquiring an additional 10,497 shares during the last quarter. Advisory Services Network LLC increased its holdings in shares of SPDR SSGA US Sector Rotation ETF by 14.2% in the 4th quarter. Advisory Services Network LLC now owns 4,790 shares of the company’s stock valued at $298,000 after acquiring an additional 596 shares during the last quarter. Finally, Private Advisor Group LLC raised its position in shares of SPDR SSGA US Sector Rotation ETF by 16.3% during the 4th quarter. Private Advisor Group LLC now owns 88,270 shares of the company’s stock worth $5,500,000 after acquiring an additional 12,351 shares in the last quarter.

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.