Keystone Global Partners LLC Sells 3,579 Shares of SPDR S&P Aerospace & Defense ETF $XAR

Keystone Global Partners LLC decreased its holdings in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 25.9% in the 1st quarter, Holdings Channel reports. The fund owned 10,255 shares of the company’s stock after selling 3,579 shares during the period. SPDR S&P Aerospace & Defense ETF accounts for 1.2% of Keystone Global Partners LLC’s investment portfolio, making the stock its 24th largest holding. Keystone Global Partners LLC’s holdings in SPDR S&P Aerospace & Defense ETF were worth $2,605,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Strive Financial Group LLC acquired a new position in SPDR S&P Aerospace & Defense ETF during the 4th quarter worth approximately $30,000. Milestone Investment Advisors LLC bought a new stake in shares of SPDR S&P Aerospace & Defense ETF during the third quarter worth $32,000. Darwin Wealth Management LLC acquired a new position in shares of SPDR S&P Aerospace & Defense ETF during the second quarter worth $43,000. Key Financial Inc acquired a new position in shares of SPDR S&P Aerospace & Defense ETF during the fourth quarter worth $50,000. Finally, Assetmark Inc. lifted its stake in shares of SPDR S&P Aerospace & Defense ETF by 121.8% in the 4th quarter. Assetmark Inc. now owns 244 shares of the company’s stock valued at $59,000 after acquiring an additional 134 shares during the last quarter.

SPDR S&P Aerospace & Defense ETF Stock Up 0.5%

Shares of XAR stock opened at $285.11 on Thursday. SPDR S&P Aerospace & Defense ETF has a twelve month low of $204.19 and a twelve month high of $295.39. The stock’s fifty day simple moving average is $271.82 and its 200 day simple moving average is $269.35. The firm has a market capitalization of $6.50 billion, a P/E ratio of 35.83 and a beta of 1.00.

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.