Buska Wealth Management LLC decreased its holdings in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR – Free Report) by 28.2% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 12,076 shares of the company’s stock after selling 4,741 shares during the period. SPDR S&P Aerospace & Defense ETF comprises approximately 1.2% of Buska Wealth Management LLC’s investment portfolio, making the stock its 18th biggest holding. Buska Wealth Management LLC’s holdings in SPDR S&P Aerospace & Defense ETF were worth $3,427,000 as of its most recent SEC filing.
A number of other hedge funds also recently bought and sold shares of XAR. Turtle Creek Wealth Advisors LLC bought a new stake in SPDR S&P Aerospace & Defense ETF during the 1st quarter valued at $28,000. Glenmede Trust Co. NA bought a new position in shares of SPDR S&P Aerospace & Defense ETF in the 1st quarter worth $30,000. Strive Financial Group LLC bought a new position in shares of SPDR S&P Aerospace & Defense ETF in the 4th quarter worth $30,000. Darwin Wealth Management LLC purchased a new stake in shares of SPDR S&P Aerospace & Defense ETF during the second quarter valued at about $43,000. Finally, Key Financial Inc bought a new position in shares of SPDR S&P Aerospace & Defense ETF during the 4th quarter worth approximately $50,000.
SPDR S&P Aerospace & Defense ETF Stock Up 1.4%
NYSEARCA:XAR opened at $292.33 on Wednesday. SPDR S&P Aerospace & Defense ETF has a 52 week low of $208.77 and a 52 week high of $295.39. The firm has a 50 day moving average of $275.28 and a 200 day moving average of $272.32. The stock has a market capitalization of $6.61 billion, a price-to-earnings ratio of 35.83 and a beta of 1.01.
SPDR S&P Aerospace & Defense ETF 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.
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