SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) Shares Sold by Park Place Capital Corp

Park Place Capital Corp lowered its position in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 27.6% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 289 shares of the company’s stock after selling 110 shares during the quarter. Park Place Capital Corp’s holdings in SPDR S&P Aerospace & Defense ETF were worth $41,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Glass Jacobson Investment Advisors llc raised its stake in shares of SPDR S&P Aerospace & Defense ETF by 142.0% in the 4th quarter. Glass Jacobson Investment Advisors llc now owns 242 shares of the company’s stock valued at $33,000 after purchasing an additional 142 shares in the last quarter. CVA Family Office LLC acquired a new stake in shares of SPDR S&P Aerospace & Defense ETF in the 4th quarter valued at about $34,000. Geneos Wealth Management Inc. raised its stake in SPDR S&P Aerospace & Defense ETF by 111.5% during the fourth quarter. Geneos Wealth Management Inc. now owns 332 shares of the company’s stock worth $45,000 after acquiring an additional 175 shares during the period. ICA Group Wealth Management LLC acquired a new stake in SPDR S&P Aerospace & Defense ETF during the fourth quarter worth about $53,000. Finally, Capital Advisors Ltd. LLC acquired a new stake in SPDR S&P Aerospace & Defense ETF during the fourth quarter worth about $60,000.

SPDR S&P Aerospace & Defense ETF Stock Down 0.6 %

XAR opened at $139.10 on Tuesday. The firm has a market cap of $2.09 billion, a price-to-earnings ratio of 30.33 and a beta of 0.85. SPDR S&P Aerospace & Defense ETF has a fifty-two week low of $108.32 and a fifty-two week high of $145.38. The company’s 50-day moving average price is $141.01 and its 200 day moving average price is $136.76.

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.