FLC Capital Advisors Sells 2,727 Shares of SPDR S&P Aerospace & Defense ETF $XAR

FLC Capital Advisors decreased its position in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 7.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 33,521 shares of the company’s stock after selling 2,727 shares during the quarter. SPDR S&P Aerospace & Defense ETF makes up approximately 1.5% of FLC Capital Advisors’ portfolio, making the stock its 17th biggest position. FLC Capital Advisors’ holdings in SPDR S&P Aerospace & Defense ETF were worth $7,876,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Raymond James Financial Inc. boosted its stake in shares of SPDR S&P Aerospace & Defense ETF by 15.6% during the second quarter. Raymond James Financial Inc. now owns 194,416 shares of the company’s stock valued at $41,010,000 after purchasing an additional 26,306 shares in the last quarter. Howard Capital Management Group LLC raised its holdings in SPDR S&P Aerospace & Defense ETF by 0.6% in the 3rd quarter. Howard Capital Management Group LLC now owns 189,800 shares of the company’s stock valued at $44,595,000 after buying an additional 1,128 shares during the last quarter. Affinity Wealth Management LLC acquired a new stake in SPDR S&P Aerospace & Defense ETF during the 2nd quarter worth approximately $33,947,000. Osaic Holdings Inc. boosted its position in SPDR S&P Aerospace & Defense ETF by 21.0% during the 2nd quarter. Osaic Holdings Inc. now owns 129,391 shares of the company’s stock worth $27,318,000 after buying an additional 22,474 shares during the period. Finally, Enclave Advisors LLC grew its holdings in SPDR S&P Aerospace & Defense ETF by 16.9% during the 3rd quarter. Enclave Advisors LLC now owns 125,528 shares of the company’s stock worth $29,494,000 after acquiring an additional 18,131 shares during the last quarter.

SPDR S&P Aerospace & Defense ETF Stock Performance

Shares of NYSEARCA XAR opened at $246.42 on Monday. The firm has a 50 day moving average price of $236.23 and a two-hundred day moving average price of $225.13. The stock has a market cap of $4.81 billion, a P/E ratio of 35.83 and a beta of 1.13. SPDR S&P Aerospace & Defense ETF has a 52-week low of $137.09 and a 52-week high of $254.09.

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.