SPDR S&P Aerospace & Defense ETF $XAR Stock: Teamwork Financial Advisors LLC Cuts Stake

Teamwork Financial Advisors LLC decreased its position in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 96.5% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 2,980 shares of the company’s stock after selling 81,636 shares during the quarter. Teamwork Financial Advisors LLC’s holdings in SPDR S&P Aerospace & Defense ETF were worth $689,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in XAR. Timbuktu Capital Management LLC bought a new stake in SPDR S&P Aerospace & Defense ETF in the 2nd quarter valued at about $28,000. Turtle Creek Wealth Advisors LLC purchased a new stake in SPDR S&P Aerospace & Defense ETF during the first quarter valued at about $28,000. Glenmede Trust Co. NA purchased a new stake in SPDR S&P Aerospace & Defense ETF during the first quarter valued at about $30,000. Investors Research Corp lifted its holdings in SPDR S&P Aerospace & Defense ETF by 105.0% during the second quarter. Investors Research Corp now owns 164 shares of the company’s stock valued at $47,000 after purchasing an additional 84 shares during the last quarter. Finally, Mather Group LLC. bought a new position in SPDR S&P Aerospace & Defense ETF during the third quarter worth about $39,000.

SPDR S&P Aerospace & Defense ETF Price Performance

Shares of XAR traded down $1.23 during trading hours on Monday, hitting $223.30. The company’s stock had a trading volume of 389,482 shares, compared to its average volume of 278,557. The business has a 50 day simple moving average of $249.71 and a two-hundred day simple moving average of $263.89. SPDR S&P Aerospace & Defense ETF has a 52-week low of $215.02 and a 52-week high of $297.79. The company has a market cap of $5.32 billion, a price-to-earnings ratio of 35.83 and a beta of 1.03.

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.