Axxcess Wealth Management LLC Reduces Position in SPDR SSGA US Sector Rotation ETF $XLSR

Axxcess Wealth Management LLC decreased its position in SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) by 10.1% during the 3rd quarter, Holdings Channel reports. The firm owned 85,668 shares of the company’s stock after selling 9,614 shares during the period. Axxcess Wealth Management LLC’s holdings in SPDR SSGA US Sector Rotation ETF were worth $5,107,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the company. Stone House Investment Management LLC purchased a new stake in SPDR SSGA US Sector Rotation ETF during the 3rd quarter valued at $57,000. Northwestern Mutual Wealth Management Co. raised its stake in shares of SPDR SSGA US Sector Rotation ETF by 34.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,669 shares of the company’s stock valued at $92,000 after acquiring an additional 425 shares during the last quarter. Creative Financial Designs Inc. ADV raised its stake in shares of SPDR SSGA US Sector Rotation ETF by 65.3% during the second quarter. Creative Financial Designs Inc. ADV now owns 2,545 shares of the company’s stock valued at $140,000 after acquiring an additional 1,005 shares during the last quarter. Transce3nd LLC boosted its holdings in shares of SPDR SSGA US Sector Rotation ETF by 8.7% during the second quarter. Transce3nd LLC now owns 3,786 shares of the company’s stock worth $208,000 after purchasing an additional 302 shares during the period. Finally, Evolution Wealth Management Inc. purchased a new stake in shares of SPDR SSGA US Sector Rotation ETF during the second quarter worth about $213,000.

SPDR SSGA US Sector Rotation ETF Price Performance

NYSEARCA XLSR opened at $61.10 on Thursday. SPDR SSGA US Sector Rotation ETF has a 1 year low of $43.22 and a 1 year high of $63.13. The stock has a market capitalization of $890.23 million, a PE ratio of 22.41 and a beta of 0.97. The business’s 50-day moving average is $62.18 and its 200 day moving average is $60.54.

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.