Moors & Cabot Inc. Sells 2,411 Shares of SPDR S&P Aerospace & Defense ETF $XAR

Moors & Cabot Inc. decreased its position in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 42.3% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 3,293 shares of the company’s stock after selling 2,411 shares during the period. Moors & Cabot Inc.’s holdings in SPDR S&P Aerospace & Defense ETF were worth $794,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of the company. Bank of America Corp DE raised its stake in shares of SPDR S&P Aerospace & Defense ETF by 5.8% during the 3rd quarter. Bank of America Corp DE now owns 810,236 shares of the company’s stock worth $190,373,000 after purchasing an additional 44,082 shares in the last quarter. Raymond James Financial Inc. raised its stake in shares of SPDR S&P Aerospace & Defense ETF by 28.7% during the 3rd quarter. Raymond James Financial Inc. now owns 250,121 shares of the company’s stock worth $58,768,000 after purchasing an additional 55,705 shares in the last quarter. CWM LLC raised its stake in shares of SPDR S&P Aerospace & Defense ETF by 2,668.1% during the 4th quarter. CWM LLC now owns 206,667 shares of the company’s stock worth $49,856,000 after purchasing an additional 199,201 shares in the last quarter. UBS Group AG raised its stake in shares of SPDR S&P Aerospace & Defense ETF by 1.2% during the 4th quarter. UBS Group AG now owns 206,371 shares of the company’s stock worth $49,785,000 after purchasing an additional 2,450 shares in the last quarter. Finally, Quadrature Capital Ltd bought a new stake in shares of SPDR S&P Aerospace & Defense ETF during the 3rd quarter worth approximately $46,032,000.

SPDR S&P Aerospace & Defense ETF Price Performance

Shares of SPDR S&P Aerospace & Defense ETF stock opened at $288.00 on Monday. SPDR S&P Aerospace & Defense ETF has a 12-month low of $188.52 and a 12-month high of $295.39. The stock has a market cap of $6.59 billion, a P/E ratio of 35.83 and a beta of 0.98. The business’s 50 day moving average is $265.54 and its 200-day moving average is $261.31.

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.