Midwest Financial Network LLC Has $3.65 Million Stock Holdings in SPDR SSGA US Sector Rotation ETF $XLSR

Midwest Financial Network LLC grew its position in shares of SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) by 76.8% during the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 63,200 shares of the company’s stock after purchasing an additional 27,451 shares during the quarter. SPDR SSGA US Sector Rotation ETF accounts for 2.9% of Midwest Financial Network LLC’s portfolio, making the stock its 9th largest position. Midwest Financial Network LLC owned about 0.42% of SPDR SSGA US Sector Rotation ETF worth $3,649,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of XLSR. Hibernia Wealth Partners LLC boosted its stake in SPDR SSGA US Sector Rotation ETF by 91.9% during the fourth quarter. Hibernia Wealth Partners LLC now owns 420,972 shares of the company’s stock valued at $26,231,000 after buying an additional 201,647 shares in the last quarter. Mosley Wealth Management bought a new stake in SPDR SSGA US Sector Rotation ETF in the fourth quarter worth about $12,029,000. Axxcess Wealth Management LLC raised its position in SPDR SSGA US Sector Rotation ETF by 137.0% in the fourth quarter. Axxcess Wealth Management LLC now owns 203,070 shares of the company’s stock worth $12,653,000 after acquiring an additional 117,402 shares in the last quarter. Envestnet Portfolio Solutions Inc. raised its position in SPDR SSGA US Sector Rotation ETF by 3.5% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 2,038,665 shares of the company’s stock worth $127,029,000 after acquiring an additional 68,680 shares in the last quarter. Finally, Kestra Advisory Services LLC lifted its holdings in SPDR SSGA US Sector Rotation ETF by 198.5% in the 4th quarter. Kestra Advisory Services LLC now owns 85,179 shares of the company’s stock valued at $5,307,000 after acquiring an additional 56,641 shares during the last quarter.

SPDR SSGA US Sector Rotation ETF Trading Up 0.6%

NYSEARCA:XLSR opened at $64.14 on Friday. SPDR SSGA US Sector Rotation ETF has a twelve month low of $54.79 and a twelve month high of $66.69. The company has a 50-day moving average of $64.72 and a 200-day moving average of $62.60. The firm has a market cap of $1.01 billion, a price-to-earnings ratio of 22.41 and a beta of 0.96.

SPDR SSGA US Sector Rotation ETF 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.