SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) Shares Sold by New England Private Wealth Advisors LLC

New England Private Wealth Advisors LLC cut its holdings in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 19.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,289 shares of the company’s stock after selling 563 shares during the period. New England Private Wealth Advisors LLC’s holdings in SPDR S&P Aerospace & Defense ETF were worth $310,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Fifth Third Bancorp purchased a new position in SPDR S&P Aerospace & Defense ETF in the third quarter valued at $25,000. Impact Partnership Wealth LLC purchased a new position in SPDR S&P Aerospace & Defense ETF in the third quarter valued at $26,000. Glass Jacobson Investment Advisors llc increased its holdings in SPDR S&P Aerospace & Defense ETF by 142.0% in the fourth quarter. Glass Jacobson Investment Advisors llc now owns 242 shares of the company’s stock valued at $33,000 after buying an additional 142 shares in the last quarter. CVA Family Office LLC purchased a new position in SPDR S&P Aerospace & Defense ETF in the fourth quarter valued at $34,000. Finally, Geneos Wealth Management Inc. increased its holdings in SPDR S&P Aerospace & Defense ETF by 111.5% in the fourth quarter. Geneos Wealth Management Inc. now owns 332 shares of the company’s stock valued at $45,000 after buying an additional 175 shares in the last quarter.

SPDR S&P Aerospace & Defense ETF Trading Up 1.2 %

XAR traded up $1.64 on Friday, reaching $136.24. The stock had a trading volume of 43,755 shares, compared to its average volume of 78,497. The company has a market cap of $2.05 billion, a P/E ratio of 29.37 and a beta of 0.84. The business’s 50-day moving average price is $136.85 and its two-hundred day moving average price is $130.43. SPDR S&P Aerospace & Defense ETF has a 12-month low of $108.32 and a 12-month high of $142.78.

SPDR S&P Aerospace & Defense ETF Company Profile

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.