SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) Stock Short Interest Report for October

SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) saw a large drop in short interest in the month of October. As of October 15th, there was short interest totaling 10,944 shares, a drop of 71.1% from the September 30th total of 37,893 shares. Based on an average trading volume of 74,103 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the shares of the company are short sold.

SPDR SSGA US Sector Rotation ETF Trading Down 2.5%

XLSR stock traded down $1.67 during mid-day trading on Friday, hitting $64.75. 36,437 shares of the company were exchanged, compared to its average volume of 61,389. SPDR SSGA US Sector Rotation ETF has a 1-year low of $55.71 and a 1-year high of $67.86. The business has a 50 day simple moving average of $66.47 and a 200-day simple moving average of $63.82. The stock has a market capitalization of $1.06 billion, a PE ratio of 22.41 and a beta of 0.96.

Hedge Funds Weigh In On SPDR SSGA US Sector Rotation ETF

A number of institutional investors have recently added to or reduced their stakes in the stock. Envestnet Asset Management Inc. raised its position in SPDR SSGA US Sector Rotation ETF by 9.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,461,391 shares of the company’s stock worth $159,646,000 after purchasing an additional 220,625 shares during the last quarter. Envestnet Portfolio Solutions Inc. increased its holdings in SPDR SSGA US Sector Rotation ETF by 8.5% during the 2nd 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 in the last quarter. NewEdge Advisors LLC boosted its holdings in SPDR SSGA US Sector Rotation ETF by 6.9% during the 2nd quarter. NewEdge Advisors LLC now owns 307,442 shares of the company’s stock worth $19,941,000 after acquiring an additional 19,798 shares during the last quarter. Signal Advisors Wealth LLC increased its stake in SPDR SSGA US Sector Rotation ETF by 12.1% in the 3rd quarter. Signal Advisors Wealth LLC now owns 287,010 shares of the company’s stock valued at $19,060,000 after buying an additional 31,061 shares during the last quarter. Finally, Cetera Investment Advisers boosted its position in 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.

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.