SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) Stock Short Interest Report for October
by Sarita Garza · The Markets DailySPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR – Get Free Report) was the recipient of a significant decrease in short interest in the month of October. As of October 15th, there was short interest totaling 10,944 shares, a decrease of 71.1% from the September 30th total of 37,893 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 74,103 shares, the days-to-cover ratio is presently 0.1 days.
Hedge Funds Weigh In On SPDR SSGA US Sector Rotation ETF
A number of hedge funds have recently modified their holdings of XLSR. Envestnet Asset Management Inc. raised its stake in shares of SPDR SSGA US Sector Rotation ETF by 9.8% during the second quarter. Envestnet Asset Management Inc. now owns 2,461,391 shares of the company’s stock valued at $159,646,000 after acquiring an additional 220,625 shares during the last quarter. Envestnet Portfolio Solutions Inc. boosted its holdings in shares of SPDR SSGA US Sector Rotation ETF by 8.5% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 2,435,953 shares of the company’s stock worth $157,996,000 after purchasing an additional 191,092 shares during the period. NewEdge Advisors LLC grew its stake in shares of SPDR SSGA US Sector Rotation ETF by 6.9% in the second quarter. NewEdge Advisors LLC now owns 307,442 shares of the company’s stock worth $19,941,000 after purchasing an additional 19,798 shares during the last quarter. Signal Advisors Wealth LLC grew its stake in shares of SPDR SSGA US Sector Rotation ETF by 12.1% in the third quarter. Signal Advisors Wealth LLC now owns 287,010 shares of the company’s stock worth $19,060,000 after purchasing an additional 31,061 shares during the last quarter. Finally, Cetera Investment Advisers grew its stake in shares of SPDR SSGA US Sector Rotation ETF by 10.1% in the first quarter. Cetera Investment Advisers now owns 181,016 shares of the company’s stock worth $10,452,000 after purchasing an additional 16,652 shares during the last quarter.
SPDR SSGA US Sector Rotation ETF Stock Up 0.7%
NYSEARCA:XLSR opened at $66.62 on Wednesday. The firm has a market capitalization of $1.09 billion, a P/E ratio of 22.41 and a beta of 0.96. The company has a fifty day moving average of $66.46 and a 200 day moving average of $63.78. SPDR SSGA US Sector Rotation ETF has a 52 week low of $55.71 and a 52 week high of $67.86.
About SPDR SSGA US Sector Rotation ETF
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.