Focus Financial Network Inc. Sells 5,402 Shares of SPDR S&P Aerospace & Defense ETF $XAR

Focus Financial Network Inc. decreased its position in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 66.6% during the 4th quarter, Holdings Channel.com reports. The firm owned 2,710 shares of the company’s stock after selling 5,402 shares during the period. Focus Financial Network Inc.’s holdings in SPDR S&P Aerospace & Defense ETF were worth $654,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the business. Assetmark Inc. boosted its stake in SPDR S&P Aerospace & Defense ETF by 71.9% in the 3rd quarter. Assetmark Inc. now owns 110 shares of the company’s stock worth $26,000 after purchasing an additional 46 shares during the period. Harbor Investment Advisory LLC bought a new position in SPDR S&P Aerospace & Defense ETF in the third quarter valued at $28,000. Rothschild Investment LLC increased its position in shares of SPDR S&P Aerospace & Defense ETF by 138.0% during the 3rd quarter. Rothschild Investment LLC now owns 119 shares of the company’s stock valued at $28,000 after purchasing an additional 69 shares during the last quarter. Smartleaf Asset Management LLC bought a new position in SPDR S&P Aerospace & Defense ETF during the third quarter valued at approximately $32,000. Finally, Milestone Investment Advisors LLC purchased a new position in SPDR S&P Aerospace & Defense ETF in the 3rd quarter worth $32,000.

SPDR S&P Aerospace & Defense ETF Price Performance

Shares of SPDR S&P Aerospace & Defense ETF stock opened at $250.57 on Friday. The business’s 50 day simple moving average is $275.14 and its two-hundred day simple moving average is $252.15. SPDR S&P Aerospace & Defense ETF has a one year low of $137.09 and a one year high of $295.39. The stock has a market capitalization of $5.32 billion, a P/E 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.