Hibernia Wealth Partners LLC Decreases Position in SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR)

Hibernia Wealth Partners LLC lowered its holdings in shares of SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) by 51.0% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 218,473 shares of the company’s stock after selling 227,436 shares during the period. SPDR SSGA US Sector Rotation ETF comprises about 7.6% of Hibernia Wealth Partners LLC’s holdings, making the stock its 4th biggest position. Hibernia Wealth Partners LLC’s holdings in SPDR SSGA US Sector Rotation ETF were worth $11,675,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of XLSR. Kraft Davis & Associates LLC acquired a new position in SPDR SSGA US Sector Rotation ETF during the third quarter worth about $214,000. J2 Capital Management Inc acquired a new position in SPDR SSGA US Sector Rotation ETF during the 4th quarter worth approximately $227,000. Richardson Financial Services Inc. increased its position in SPDR SSGA US Sector Rotation ETF by 98.8% during the 3rd quarter. Richardson Financial Services Inc. now owns 4,243 shares of the company’s stock worth $218,000 after purchasing an additional 2,109 shares in the last quarter. First Heartland Consultants Inc. bought a new position in SPDR SSGA US Sector Rotation ETF in the 3rd quarter valued at approximately $251,000. Finally, Nwam LLC acquired a new stake in SPDR SSGA US Sector Rotation ETF in the third quarter valued at approximately $263,000.

SPDR SSGA US Sector Rotation ETF Stock Performance

Shares of NYSEARCA:XLSR opened at $55.26 on Wednesday. SPDR SSGA US Sector Rotation ETF has a 52-week low of $46.10 and a 52-week high of $55.73. The company has a market capitalization of $573.05 million, a PE ratio of 23.20 and a beta of 1.01. The company has a fifty day moving average of $54.53 and a 200-day moving average of $52.63.

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.