Lokken Investment Group LLC Increases Stock Holdings in SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR)

Lokken Investment Group LLC boosted its position in shares of SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) by 0.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 52,115 shares of the company’s stock after acquiring an additional 409 shares during the period. SPDR SSGA US Sector Rotation ETF accounts for about 1.2% of Lokken Investment Group LLC’s holdings, making the stock its 17th biggest position. Lokken Investment Group LLC owned 0.50% of SPDR SSGA US Sector Rotation ETF worth $2,652,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. LPL Financial LLC boosted its position in shares of SPDR SSGA US Sector Rotation ETF by 10.8% during the 2nd quarter. LPL Financial LLC now owns 3,873,118 shares of the company’s stock valued at $197,103,000 after acquiring an additional 377,785 shares during the last quarter. Envestnet Portfolio Solutions Inc. grew its stake in SPDR SSGA US Sector Rotation ETF by 23.9% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 1,229,502 shares of the company’s stock worth $62,569,000 after buying an additional 237,542 shares in the last quarter. Mosley Wealth Management bought a new position in shares of SPDR SSGA US Sector Rotation ETF in the 4th quarter worth $4,116,000. Cetera Investment Advisers raised its position in shares of SPDR SSGA US Sector Rotation ETF by 136.5% during the 1st quarter. Cetera Investment Advisers now owns 107,521 shares of the company’s stock valued at $5,361,000 after buying an additional 62,055 shares in the last quarter. Finally, Envestnet Asset Management Inc. lifted its holdings in shares of SPDR SSGA US Sector Rotation ETF by 3.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,105,427 shares of the company’s stock worth $56,255,000 after acquiring an additional 35,661 shares during the last quarter.

SPDR SSGA US Sector Rotation ETF Stock Down 0.2 %

XLSR opened at $50.94 on Wednesday. The business’s fifty day simple moving average is $50.23 and its 200 day simple moving average is $49.75. SPDR SSGA US Sector Rotation ETF has a 52 week low of $39.44 and a 52 week high of $52.41. The stock has a market cap of $528.20 million, a PE ratio of 23.20 and a beta of 1.01.

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.