SPDR S&P Aerospace & Defense ETF $XAR Shares Sold by Corient Private Wealth LLC

Corient Private Wealth LLC cut its holdings in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 7.4% during the second quarter, HoldingsChannel.com reports. The fund owned 26,684 shares of the company’s stock after selling 2,121 shares during the period. Corient Private Wealth LLC’s holdings in SPDR S&P Aerospace & Defense ETF were worth $5,629,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. TD Capital Management LLC acquired a new stake in SPDR S&P Aerospace & Defense ETF during the first quarter worth about $29,000. Darwin Wealth Management LLC acquired a new position in SPDR S&P Aerospace & Defense ETF during the 2nd quarter worth $43,000. Centricity Wealth Management LLC grew its position in shares of SPDR S&P Aerospace & Defense ETF by 100.0% during the second quarter. Centricity Wealth Management LLC now owns 230 shares of the company’s stock worth $49,000 after buying an additional 115 shares in the last quarter. Reyes Financial Architecture Inc. raised its holdings in shares of SPDR S&P Aerospace & Defense ETF by 34.2% in the 2nd quarter. Reyes Financial Architecture Inc. now owns 267 shares of the company’s stock valued at $56,000 after purchasing an additional 68 shares in the last quarter. Finally, Valley National Advisers Inc. lifted its holdings in SPDR S&P Aerospace & Defense ETF by 156.4% during the 2nd quarter. Valley National Advisers Inc. now owns 282 shares of the company’s stock worth $59,000 after buying an additional 172 shares during the last quarter.

SPDR S&P Aerospace & Defense ETF Stock Up 3.5%

Shares of XAR opened at $241.28 on Friday. The stock has a 50 day moving average price of $235.40 and a 200 day moving average price of $223.11. SPDR S&P Aerospace & Defense ETF has a 52-week low of $137.09 and a 52-week high of $254.09. The company has a market capitalization of $4.71 billion, a price-to-earnings ratio of 35.83 and a beta of 1.13.

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.