Migdal Insurance & Financial Holdings Ltd. Has $3.51 Million Stock Position in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

Migdal Insurance & Financial Holdings Ltd. cut its holdings in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 16.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 21,138 shares of the company’s stock after selling 4,061 shares during the period. Migdal Insurance & Financial Holdings Ltd. owned about 0.14% of SPDR S&P Aerospace & Defense ETF worth $3,507,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the business. Darwin Wealth Management LLC bought a new stake in shares of SPDR S&P Aerospace & Defense ETF during the 3rd quarter worth $70,000. Total Clarity Wealth Management Inc. bought a new position in shares of SPDR S&P Aerospace & Defense ETF in the fourth quarter worth about $204,000. Cable Hill Partners LLC bought a new position in shares of SPDR S&P Aerospace & Defense ETF in the third quarter worth about $216,000. Shepherd Financial Partners LLC acquired a new stake in shares of SPDR S&P Aerospace & Defense ETF in the 3rd quarter valued at approximately $217,000. Finally, Saxony Capital Management LLC bought a new stake in shares of SPDR S&P Aerospace & Defense ETF during the 4th quarter valued at approximately $217,000.

SPDR S&P Aerospace & Defense ETF Price Performance

Shares of NYSEARCA:XAR opened at $173.37 on Friday. SPDR S&P Aerospace & Defense ETF has a one year low of $130.53 and a one year high of $181.38. The company has a market cap of $2.60 billion, a price-to-earnings ratio of 30.33 and a beta of 0.85. The firm has a 50 day simple moving average of $170.83 and a 200 day simple moving average of $161.29.

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.