SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) Shares Sold by American Financial Advisors LLC

American Financial Advisors LLC decreased its holdings in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 6.7% during the 4th quarter, Holdings Channel.com reports. The firm owned 17,153 shares of the company’s stock after selling 1,232 shares during the period. American Financial Advisors LLC’s holdings in SPDR S&P Aerospace & Defense ETF were worth $2,323,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Raymond James & Associates raised its position in SPDR S&P Aerospace & Defense ETF by 12.3% in the fourth quarter. Raymond James & Associates now owns 83,251 shares of the company’s stock valued at $11,274,000 after purchasing an additional 9,148 shares during the period. Custom Index Systems LLC purchased a new position in SPDR S&P Aerospace & Defense ETF in the fourth quarter valued at about $392,000. Pinnacle Associates Ltd. raised its position in SPDR S&P Aerospace & Defense ETF by 7.1% in the fourth quarter. Pinnacle Associates Ltd. now owns 17,476 shares of the company’s stock valued at $2,367,000 after purchasing an additional 1,160 shares during the period. Private Trust Co. NA raised its position in SPDR S&P Aerospace & Defense ETF by 12.1% in the fourth quarter. Private Trust Co. NA now owns 2,713 shares of the company’s stock valued at $367,000 after purchasing an additional 293 shares during the period. Finally, Prime Capital Investment Advisors LLC raised its position in SPDR S&P Aerospace & Defense ETF by 4.0% in the fourth quarter. Prime Capital Investment Advisors LLC now owns 2,324 shares of the company’s stock valued at $315,000 after purchasing an additional 90 shares during the period.

SPDR S&P Aerospace & Defense ETF Trading Up 0.1 %

NYSEARCA:XAR traded up $0.13 during mid-day trading on Friday, hitting $132.23. The company had a trading volume of 55,728 shares, compared to its average volume of 79,441. SPDR S&P Aerospace & Defense ETF has a 1 year low of $108.32 and a 1 year high of $142.78. The firm has a market capitalization of $1.99 billion, a price-to-earnings ratio of 29.37 and a beta of 0.84. The business has a fifty day simple moving average of $136.84 and a 200-day simple moving average of $129.46.

About SPDR S&P Aerospace & Defense ETF

The SPDR S&P Aerospace & Defense ETF (XAR) is an exchange-traded fund that mostly invests in industrials equity. The fund tracks an equal-weighted index of US aerospace & defense companies. XAR was launched on Sep 28, 2011 and is managed by State Street.