SPDR S&P Aerospace & Defense ETF $XAR Shares Sold by Baker Ellis Asset Management LLC

Baker Ellis Asset Management LLC lowered its position in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 72.8% during the first quarter, Holdings Channel.com reports. The institutional investor owned 1,150 shares of the company’s stock after selling 3,080 shares during the period. Baker Ellis Asset Management LLC’s holdings in SPDR S&P Aerospace & Defense ETF were worth $292,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Corient Private Wealth LLC raised its position in SPDR S&P Aerospace & Defense ETF by 2,023.8% during the 4th quarter. Corient Private Wealth LLC now owns 513,629 shares of the company’s stock worth $123,908,000 after buying an additional 489,444 shares during the last quarter. CWM LLC grew its position in 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 during the period. Quadrature Capital Ltd acquired a new stake in SPDR S&P Aerospace & Defense ETF during the 3rd quarter worth about $46,032,000. Robinhood Asset Management LLC purchased a new position in shares of SPDR S&P Aerospace & Defense ETF during the 4th quarter valued at about $35,579,000. Finally, BNP Paribas Financial Markets raised its stake in shares of SPDR S&P Aerospace & Defense ETF by 174.4% during the 3rd quarter. BNP Paribas Financial Markets now owns 122,530 shares of the company’s stock valued at $28,790,000 after buying an additional 77,870 shares during the last quarter.

SPDR S&P Aerospace & Defense ETF Stock Down 0.9%

Shares of XAR stock opened at $275.32 on Wednesday. The stock has a market cap of $6.30 billion, a PE ratio of 35.83 and a beta of 0.99. The business has a 50-day simple moving average of $271.54 and a 200-day simple moving average of $267.49. SPDR S&P Aerospace & Defense ETF has a 52-week low of $198.14 and a 52-week high of $295.39.

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.