AE Wealth Management LLC Purchases 9,813 Shares of SPDR SSGA US Sector Rotation ETF $XLSR

AE Wealth Management LLC raised its position in shares of SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) by 8.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 127,124 shares of the company’s stock after buying an additional 9,813 shares during the quarter. AE Wealth Management LLC owned about 0.91% of SPDR SSGA US Sector Rotation ETF worth $7,578,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Absolute Capital Management LLC increased its stake in shares of SPDR SSGA US Sector Rotation ETF by 38.0% in the 3rd quarter. Absolute Capital Management LLC now owns 15,560 shares of the company’s stock worth $928,000 after acquiring an additional 4,285 shares in the last quarter. Envestnet Portfolio Solutions Inc. grew its holdings in SPDR SSGA US Sector Rotation ETF by 3.3% in the third quarter. Envestnet Portfolio Solutions Inc. now owns 1,969,985 shares of the company’s stock worth $117,431,000 after purchasing an additional 62,761 shares during the period. Stone House Investment Management LLC purchased a new stake in SPDR SSGA US Sector Rotation ETF in the third quarter worth about $57,000. Landmark Wealth Management Inc. increased its stake in shares of SPDR SSGA US Sector Rotation ETF by 2.2% during the third quarter. Landmark Wealth Management Inc. now owns 270,204 shares of the company’s stock valued at $16,107,000 after purchasing an additional 5,702 shares in the last quarter. Finally, Park Avenue Securities LLC lifted its holdings in shares of SPDR SSGA US Sector Rotation ETF by 4.2% during the third quarter. Park Avenue Securities LLC now owns 461,921 shares of the company’s stock valued at $27,535,000 after purchasing an additional 18,509 shares during the last quarter.

SPDR SSGA US Sector Rotation ETF Stock Down 0.6%

Shares of XLSR opened at $62.50 on Friday. The stock has a market cap of $908.75 million, a P/E ratio of 22.41 and a beta of 0.97. The business’s 50 day moving average price is $62.43 and its 200-day moving average price is $59.98. SPDR SSGA US Sector Rotation ETF has a 52 week low of $43.22 and a 52 week high of $63.13.

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.