Kelly Financial Services LLC Sells 13,503 Shares of SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR)

Kelly Financial Services LLC lessened its position in shares of SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) by 44.5% during the 4th quarter, Holdings Channel.com reports. The firm owned 16,811 shares of the company’s stock after selling 13,503 shares during the quarter. Kelly Financial Services LLC’s holdings in SPDR SSGA US Sector Rotation ETF were worth $898,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. AE Wealth Management LLC lifted its holdings in shares of SPDR SSGA US Sector Rotation ETF by 11.3% during the 2nd quarter. AE Wealth Management LLC now owns 88,843 shares of the company’s stock worth $4,521,000 after acquiring an additional 9,020 shares during the period. Creative Planning lifted its stake in SPDR SSGA US Sector Rotation ETF by 4.6% during the second quarter. Creative Planning now owns 6,840 shares of the company’s stock worth $348,000 after purchasing an additional 300 shares during the period. NewEdge Advisors LLC lifted its stake in SPDR SSGA US Sector Rotation ETF by 5.2% during the second quarter. NewEdge Advisors LLC now owns 214,639 shares of the company’s stock worth $10,923,000 after purchasing an additional 10,620 shares during the period. Sanctuary Advisors LLC acquired a new stake in SPDR SSGA US Sector Rotation ETF during the second quarter valued at approximately $4,573,000. Finally, Park Avenue Securities LLC grew its stake in shares of SPDR SSGA US Sector Rotation ETF by 3.7% in the 3rd quarter. Park Avenue Securities LLC now owns 408,809 shares of the company’s stock valued at $21,181,000 after purchasing an additional 14,444 shares during the period.

SPDR SSGA US Sector Rotation ETF Price Performance

SPDR SSGA US Sector Rotation ETF stock opened at $54.56 on Friday. The business has a 50 day simple moving average of $54.26 and a 200 day simple moving average of $52.20. The company has a market capitalization of $565.79 million, a PE ratio of 23.20 and a beta of 1.01. SPDR SSGA US Sector Rotation ETF has a one year low of $45.41 and a one year high of $55.66.

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.