SPDR S&P Aerospace & Defense ETF $XAR Shares Sold by International Assets Investment Management LLC

International Assets Investment Management LLC lessened its holdings in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 68.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,275 shares of the company’s stock after selling 2,820 shares during the period. International Assets Investment Management LLC’s holdings in SPDR S&P Aerospace & Defense ETF were worth $331,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Turtle Creek Wealth Advisors LLC acquired a new stake in SPDR S&P Aerospace & Defense ETF during the 1st quarter worth about $28,000. Strive Financial Group LLC acquired a new position in shares of SPDR S&P Aerospace & Defense ETF in the 4th quarter valued at about $30,000. Darwin Wealth Management LLC acquired a new position in shares of SPDR S&P Aerospace & Defense ETF in the 2nd quarter valued at about $43,000. Key Financial Inc purchased a new stake in shares of SPDR S&P Aerospace & Defense ETF in the fourth quarter worth about $50,000. Finally, Assetmark Inc. boosted its stake in shares of SPDR S&P Aerospace & Defense ETF by 121.8% in the fourth quarter. Assetmark Inc. now owns 244 shares of the company’s stock worth $59,000 after buying an additional 134 shares during the last quarter.

SPDR S&P Aerospace & Defense ETF Trading Down 0.1%

Shares of XAR stock opened at $266.32 on Thursday. The stock has a 50 day moving average of $275.16 and a 200 day moving average of $271.83. The stock has a market cap of $6.07 billion, a P/E ratio of 35.83 and a beta of 1.00. SPDR S&P Aerospace & Defense ETF has a twelve month low of $208.77 and a twelve month high of $295.39.

SPDR S&P Aerospace & Defense ETF Company 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.