SPDR S&P Aerospace & Defense ETF $XAR Stake Cut by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC lessened its holdings in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 61.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,171 shares of the company’s stock after selling 19,126 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in SPDR S&P Aerospace & Defense ETF were worth $2,991,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in XAR. Harbor Investment Advisory LLC purchased a new stake in SPDR S&P Aerospace & Defense ETF in the 3rd quarter worth approximately $28,000. Darwin Wealth Management LLC acquired a new position in shares of SPDR S&P Aerospace & Defense ETF in the second quarter worth $43,000. Centricity Wealth Management LLC raised its holdings in shares of SPDR S&P Aerospace & Defense ETF by 100.0% during the second quarter. Centricity Wealth Management LLC now owns 230 shares of the company’s stock worth $49,000 after acquiring an additional 115 shares in the last quarter. Valley National Advisers Inc. raised its holdings in shares of SPDR S&P Aerospace & Defense ETF by 156.4% during the second quarter. Valley National Advisers Inc. now owns 282 shares of the company’s stock worth $59,000 after acquiring an additional 172 shares in the last quarter. Finally, Glass Jacobson Investment Advisors llc boosted its position in SPDR S&P Aerospace & Defense ETF by 30.4% during the second quarter. Glass Jacobson Investment Advisors llc now owns 296 shares of the company’s stock valued at $62,000 after purchasing an additional 69 shares during the last quarter.

SPDR S&P Aerospace & Defense ETF Price Performance

Shares of XAR stock opened at $281.57 on Thursday. SPDR S&P Aerospace & Defense ETF has a fifty-two week low of $137.09 and a fifty-two week high of $294.45. The stock’s 50-day moving average is $251.53 and its two-hundred day moving average is $235.93. The firm has a market cap of $5.87 billion, a P/E ratio of 35.83 and a beta of 1.13.

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.