Axxcess Wealth Management LLC Trims Stock Position in SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR)

Axxcess Wealth Management LLC trimmed its holdings in shares of SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) by 9.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 97,104 shares of the company’s stock after selling 10,200 shares during the period. Axxcess Wealth Management LLC’s holdings in SPDR SSGA US Sector Rotation ETF were worth $5,189,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Farther Finance Advisors LLC lifted its holdings in SPDR SSGA US Sector Rotation ETF by 24.3% in the 4th quarter. Farther Finance Advisors LLC now owns 1,978 shares of the company’s stock valued at $106,000 after purchasing an additional 387 shares in the last quarter. MeadowBrook Investment Advisors LLC acquired a new position in shares of SPDR SSGA US Sector Rotation ETF in the fourth quarter valued at approximately $134,000. Smartleaf Asset Management LLC lifted its stake in shares of SPDR SSGA US Sector Rotation ETF by 88.4% during the fourth quarter. Smartleaf Asset Management LLC now owns 3,059 shares of the company’s stock valued at $164,000 after buying an additional 1,435 shares during the period. Kraft Davis & Associates LLC acquired a new stake in SPDR SSGA US Sector Rotation ETF during the third quarter worth approximately $214,000. Finally, J2 Capital Management Inc purchased a new stake in SPDR SSGA US Sector Rotation ETF in the 4th quarter worth approximately $227,000.

SPDR SSGA US Sector Rotation ETF Stock Performance

Shares of XLSR opened at $50.95 on Wednesday. SPDR SSGA US Sector Rotation ETF has a fifty-two week low of $46.10 and a fifty-two week high of $56.30. The company has a market capitalization of $650.63 million, a PE ratio of 21.72 and a beta of 0.96. The stock has a fifty day moving average of $53.96 and a two-hundred day moving average of $53.29.

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.