SPDR S&P Aerospace & Defense ETF $XAR Shares Sold by Core Wealth Advisors LLC

Core Wealth Advisors LLC lessened its stake in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 86.9% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 927 shares of the company’s stock after selling 6,139 shares during the period. Core Wealth Advisors LLC’s holdings in SPDR S&P Aerospace & Defense ETF were worth $235,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. HB Wealth Management LLC grew its holdings in SPDR S&P Aerospace & Defense ETF by 36.4% during the 1st quarter. HB Wealth Management LLC now owns 2,789 shares of the company’s stock worth $708,000 after acquiring an additional 744 shares in the last quarter. Turtle Creek Wealth Advisors LLC bought a new stake in shares of SPDR S&P Aerospace & Defense ETF in the 1st quarter worth about $28,000. Private Advisor Group LLC raised its stake in shares of SPDR S&P Aerospace & Defense ETF by 5.8% in the 1st quarter. Private Advisor Group LLC now owns 27,085 shares of the company’s stock valued at $6,879,000 after purchasing an additional 1,490 shares in the last quarter. Y Intercept Hong Kong Ltd acquired a new stake in shares of SPDR S&P Aerospace & Defense ETF in the 1st quarter valued at about $1,472,000. Finally, Stevens Capital Partners acquired a new stake in shares of SPDR S&P Aerospace & Defense ETF in the 1st quarter valued at about $226,000.

SPDR S&P Aerospace & Defense ETF Stock Performance

Shares of XAR stock opened at $287.56 on Friday. The stock has a market capitalization of $6.55 billion, a price-to-earnings ratio of 35.83 and a beta of 1.00. SPDR S&P Aerospace & Defense ETF has a one year low of $205.71 and a one year high of $295.39. The company’s 50-day simple moving average is $272.70 and its 200-day simple moving average is $269.83.

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.