Raleigh Capital Management Inc. Has $6.18 Million Position in SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR)

Raleigh Capital Management Inc. increased its stake in shares of SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) by 1.0% during the 4th quarter, Holdings Channel.com reports. The firm owned 115,584 shares of the company’s stock after acquiring an additional 1,128 shares during the quarter. SPDR SSGA US Sector Rotation ETF comprises about 2.4% of Raleigh Capital Management Inc.’s holdings, making the stock its 4th largest position. Raleigh Capital Management Inc.’s holdings in SPDR SSGA US Sector Rotation ETF were worth $6,177,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Creative Planning increased its position in SPDR SSGA US Sector Rotation ETF by 4.6% in 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 grew its position in shares of SPDR SSGA US Sector Rotation ETF by 5.2% during the 2nd quarter. NewEdge Advisors LLC now owns 214,639 shares of the company’s stock worth $10,923,000 after buying an additional 10,620 shares during the period. Sanctuary Advisors LLC bought a new stake in shares of SPDR SSGA US Sector Rotation ETF during the second quarter worth approximately $4,573,000. Park Avenue Securities LLC lifted its holdings in SPDR SSGA US Sector Rotation ETF by 3.7% in the third quarter. Park Avenue Securities LLC now owns 408,809 shares of the company’s stock valued at $21,181,000 after buying an additional 14,444 shares during the period. Finally, Kelly Financial Services LLC boosted its stake in SPDR SSGA US Sector Rotation ETF by 3.3% in the third quarter. Kelly Financial Services LLC now owns 30,314 shares of the company’s stock valued at $1,571,000 after acquiring an additional 976 shares during the last quarter.

SPDR SSGA US Sector Rotation ETF Stock Performance

Shares of SPDR SSGA US Sector Rotation ETF stock opened at $55.29 on Thursday. The firm has a fifty day moving average of $54.28 and a two-hundred day moving average of $52.24. The stock has a market capitalization of $573.36 million, a price-to-earnings ratio of 23.20 and a beta of 1.01. SPDR SSGA US Sector Rotation ETF has a 52 week low of $46.10 and a 52 week high of $55.66.

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.