Arkadios Wealth Advisors cut its position in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR – Free Report) by 7.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,641 shares of the company’s stock after selling 127 shares during the period. Arkadios Wealth Advisors’ holdings in SPDR S&P Aerospace & Defense ETF were worth $272,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Darwin Wealth Management LLC acquired a new stake in shares of SPDR S&P Aerospace & Defense ETF in the third quarter valued at about $70,000. Anchor Investment Management LLC raised its holdings in SPDR S&P Aerospace & Defense ETF by 4,300.0% in the 2nd quarter. Anchor Investment Management LLC now owns 880 shares of the company’s stock valued at $123,000 after acquiring an additional 860 shares during the last quarter. EP Wealth Advisors LLC purchased a new position in SPDR S&P Aerospace & Defense ETF in the 2nd quarter worth approximately $126,000. Rockport Wealth LLC acquired a new position in shares of SPDR S&P Aerospace & Defense ETF during the 2nd quarter worth approximately $215,000. Finally, Cable Hill Partners LLC purchased a new stake in shares of SPDR S&P Aerospace & Defense ETF in the third quarter valued at approximately $216,000.
SPDR S&P Aerospace & Defense ETF Stock Performance
Shares of SPDR S&P Aerospace & Defense ETF stock opened at $180.77 on Friday. The business’s 50 day moving average price is $169.55 and its 200 day moving average price is $159.08. The company has a market cap of $2.72 billion, a price-to-earnings ratio of 30.33 and a beta of 0.85. SPDR S&P Aerospace & Defense ETF has a one year low of $127.75 and a one year high of $180.99.
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.
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