FFG Partners LLC Decreases Holdings in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

FFG Partners LLC reduced its position in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 7.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,500 shares of the company’s stock after selling 439 shares during the period. SPDR S&P Aerospace & Defense ETF makes up about 0.3% of FFG Partners LLC’s investment portfolio, making the stock its 22nd biggest position. FFG Partners LLC’s holdings in SPDR S&P Aerospace & Defense ETF were worth $912,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of XAR. Trust Co. of Toledo NA OH lifted its holdings in SPDR S&P Aerospace & Defense ETF by 3.5% during the fourth quarter. Trust Co. of Toledo NA OH now owns 1,909 shares of the company’s stock valued at $317,000 after purchasing an additional 64 shares in the last quarter. Verity Asset Management Inc. lifted its stake in shares of SPDR S&P Aerospace & Defense ETF by 3.9% during the 4th quarter. Verity Asset Management Inc. now owns 1,726 shares of the company’s stock valued at $286,000 after buying an additional 64 shares in the last quarter. Flagstar Advisors Inc. boosted its holdings in SPDR S&P Aerospace & Defense ETF by 1.4% in the 3rd quarter. Flagstar Advisors Inc. now owns 5,667 shares of the company’s stock worth $892,000 after buying an additional 77 shares during the period. Redhawk Wealth Advisors Inc. increased its stake in SPDR S&P Aerospace & Defense ETF by 3.5% in the 4th quarter. Redhawk Wealth Advisors Inc. now owns 2,409 shares of the company’s stock worth $400,000 after buying an additional 82 shares in the last quarter. Finally, Meixler Investment Management Ltd. raised its holdings in SPDR S&P Aerospace & Defense ETF by 1.3% during the third quarter. Meixler Investment Management Ltd. now owns 6,961 shares of the company’s stock valued at $1,095,000 after acquiring an additional 87 shares during the period.

SPDR S&P Aerospace & Defense ETF Trading Down 1.4 %

NYSEARCA:XAR opened at $173.37 on Friday. The stock has a 50-day moving average price of $170.83 and a 200 day moving average price of $161.29. The stock has a market capitalization of $2.60 billion, a P/E ratio of 30.33 and a beta of 0.85. SPDR S&P Aerospace & Defense ETF has a 12-month low of $130.53 and a 12-month high of $181.38.

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.