Cresset Asset Management LLC decreased its position in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR – Free Report) by 15.3% in the 4th quarter, HoldingsChannel reports. The firm owned 1,819 shares of the company’s stock after selling 329 shares during the period. Cresset Asset Management LLC’s holdings in SPDR S&P Aerospace & Defense ETF were worth $302,000 at the end of the most recent reporting period.
Several other institutional investors have also recently added to or reduced their stakes in XAR. Wilmington Savings Fund Society FSB purchased a new stake in SPDR S&P Aerospace & Defense ETF in the 4th quarter valued at about $50,000. EverSource Wealth Advisors LLC grew its holdings in SPDR S&P Aerospace & Defense ETF by 1,685.0% in the 4th quarter. EverSource Wealth Advisors LLC now owns 357 shares of the company’s stock valued at $59,000 after buying an additional 337 shares during the period. Values First Advisors Inc. purchased a new stake in SPDR S&P Aerospace & Defense ETF in the 4th quarter valued at about $65,000. SRS Capital Advisors Inc. purchased a new stake in SPDR S&P Aerospace & Defense ETF in the 4th quarter valued at about $66,000. Finally, Stonebridge Financial Group LLC purchased a new stake in SPDR S&P Aerospace & Defense ETF in the 4th quarter valued at about $77,000.
SPDR S&P Aerospace & Defense ETF Price Performance
XAR opened at $189.28 on Friday. SPDR S&P Aerospace & Defense ETF has a 12 month low of $137.09 and a 12 month high of $189.28. The stock has a market capitalization of $3.08 billion, a price-to-earnings ratio of 32.39 and a beta of 1.06. The business has a 50-day moving average of $166.35 and a two-hundred day moving average of $167.76.
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.
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