Richardson Financial Services Inc. Has $113,000 Stock Holdings in SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR)

Richardson Financial Services Inc. reduced its position in SPDR SSGA US Sector Rotation ETF (NYSEARCA:XLSR) by 50.3% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 2,109 shares of the company’s stock after selling 2,134 shares during the period. Richardson Financial Services Inc.’s holdings in SPDR SSGA US Sector Rotation ETF were worth $113,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Austin Private Wealth LLC increased its position in SPDR SSGA US Sector Rotation ETF by 17.9% in the fourth quarter. Austin Private Wealth LLC now owns 64,739 shares of the company’s stock worth $3,460,000 after purchasing an additional 9,817 shares during the period. Iams Wealth Management LLC boosted its stake in shares of SPDR SSGA US Sector Rotation ETF by 9.1% in the 4th quarter. Iams Wealth Management LLC now owns 28,213 shares of the company’s stock valued at $1,508,000 after purchasing an additional 2,350 shares during the last quarter. Foundations Investment Advisors LLC grew its position in shares of SPDR SSGA US Sector Rotation ETF by 16.1% during the 4th quarter. Foundations Investment Advisors LLC now owns 181,254 shares of the company’s stock worth $9,686,000 after buying an additional 25,112 shares during the period. Raleigh Capital Management Inc. raised its stake in shares of SPDR SSGA US Sector Rotation ETF by 1.0% during the fourth quarter. Raleigh Capital Management Inc. now owns 115,584 shares of the company’s stock worth $6,177,000 after buying an additional 1,128 shares during the last quarter. Finally, J2 Capital Management Inc acquired a new position in SPDR SSGA US Sector Rotation ETF in the fourth quarter valued at approximately $227,000.

SPDR SSGA US Sector Rotation ETF Stock Performance

Shares of SPDR SSGA US Sector Rotation ETF stock opened at $55.02 on Monday. SPDR SSGA US Sector Rotation ETF has a 52 week low of $46.10 and a 52 week high of $55.73. The stock has a market capitalization of $570.56 million, a price-to-earnings ratio of 23.20 and a beta of 1.01. The firm has a fifty day moving average of $54.48 and a two-hundred day moving average of $52.43.

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.