Hibernia Wealth Partners LLC Makes New Investment in SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR)

Hibernia Wealth Partners LLC purchased a new stake in SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) in the 4th quarter, according to its most recent disclosure with the SEC. The fund purchased 214,986 shares of the company’s stock, valued at approximately $9,837,000. SPDR SSGA US Sector Rotation ETF accounts for 7.4% of Hibernia Wealth Partners LLC’s holdings, making the stock its 3rd largest position. Hibernia Wealth Partners LLC owned about 3.02% of SPDR SSGA US Sector Rotation ETF as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of XLSR. Envestnet Portfolio Solutions Inc. acquired a new stake in shares of SPDR SSGA US Sector Rotation ETF during the third quarter valued at approximately $23,705,000. LPL Financial LLC increased its stake in shares of SPDR SSGA US Sector Rotation ETF by 10.0% during the 3rd quarter. LPL Financial LLC now owns 2,187,211 shares of the company’s stock worth $90,266,000 after purchasing an additional 198,902 shares during the last quarter. Harbour Investments Inc. increased its stake in shares of SPDR SSGA US Sector Rotation ETF by 1,941.9% during the 2nd quarter. Harbour Investments Inc. now owns 124,374 shares of the company’s stock worth $5,393,000 after purchasing an additional 118,283 shares during the last quarter. Commonwealth Equity Services LLC increased its stake in shares of SPDR SSGA US Sector Rotation ETF by 304.7% during the 3rd quarter. Commonwealth Equity Services LLC now owns 71,429 shares of the company’s stock worth $2,948,000 after purchasing an additional 53,781 shares during the last quarter. Finally, Private Advisor Group LLC increased its stake in shares of SPDR SSGA US Sector Rotation ETF by 68.5% during the 3rd quarter. Private Advisor Group LLC now owns 70,455 shares of the company’s stock worth $2,908,000 after purchasing an additional 28,648 shares during the last quarter.

SPDR SSGA US Sector Rotation ETF Price Performance

Shares of NYSEARCA XLSR traded up $0.12 during trading hours on Friday, hitting $49.86. 35,070 shares of the stock were exchanged, compared to its average volume of 48,021. The company’s 50 day moving average is $48.23 and its 200 day moving average is $44.96. The firm has a market capitalization of $354.48 million, a P/E ratio of 17.94 and a beta of 0.94. SPDR SSGA US Sector Rotation ETF has a one year low of $39.17 and a one year high of $49.99.

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.