SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) Sees Strong Trading Volume – Time to Buy?

Shares of SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSRGet Free Report) saw strong trading volume on Friday . 126,492 shares changed hands during trading, an increase of 109% from the previous session’s volume of 60,412 shares.The stock last traded at $50.82 and had previously closed at $49.84.

SPDR SSGA US Sector Rotation ETF Stock Up 2.3 %

The company has a 50 day simple moving average of $54.13 and a 200-day simple moving average of $53.26. The stock has a market capitalization of $650.89 million, a price-to-earnings ratio of 21.72 and a beta of 0.96.

Institutional Trading of SPDR SSGA US Sector Rotation ETF

A number of hedge funds have recently made changes to their positions in XLSR. Armis Advisers LLC purchased a new stake in shares of SPDR SSGA US Sector Rotation ETF in the 4th quarter valued at $1,063,000. First Heartland Consultants Inc. grew its stake in shares of SPDR SSGA US Sector Rotation ETF by 8.3% during the fourth quarter. First Heartland Consultants Inc. now owns 5,242 shares of the company’s stock valued at $280,000 after buying an additional 402 shares during the last quarter. Transce3nd LLC bought a new stake in shares of SPDR SSGA US Sector Rotation ETF in the 4th quarter valued at about $260,000. NewEdge Advisors LLC boosted its holdings in SPDR SSGA US Sector Rotation ETF by 0.5% during the 4th quarter. NewEdge Advisors LLC now owns 241,745 shares of the company’s stock valued at $12,919,000 after acquiring an additional 1,092 shares during the period. Finally, CreativeOne Wealth LLC grew its position in SPDR SSGA US Sector Rotation ETF by 23.1% during the 4th quarter. CreativeOne Wealth LLC now owns 85,090 shares of the company’s stock worth $4,547,000 after acquiring an additional 15,995 shares during the last quarter.

About SPDR SSGA US Sector Rotation ETF

(Get Free Report)

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.

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