XLSR 54.38 Stock Price SPDR SSGA U.S. Sector Rotation ETF
Range: | 43.55-54.46 | Vol Avg: | 39061 | Last Div: | 0.28 | Changes: | 0.21 |
Beta: | 0.94 | Cap: | 0.62B | Currency: | USD | Exchange: | AMEX |
Sector: | Financial Services | IPO: | Wed Apr 03 2019 | Empoloyees: | |
CUSIP: | 78470P408 | CIK: | 0001516212 | ISIN: | US78470P4081 | Country: | US |
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The fund is a "fund of funds," meaning that it primarily invests its assets in securities of other exchange-traded funds ("ETFs"). In particular, it allocates its assets among ETFs that each focus on common stocks of companies included in an individual sector of the S&P 500® Index, as determined by the Global Industry Classification Standard (GICS®). Under normal circumstances, the fund invests at least 80% of its net assets (plus the amount of borrowings for investments purposes) directly or indirectly through the underlying ETFs, in securities of U.S. companies.
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