Keystone Global Partners LLC Sells 3,579 Shares of SPDR S&P Aerospace & Defense ETF $XAR

Keystone Global Partners LLC reduced its stake in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 25.9% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 10,255 shares of the company’s stock after selling 3,579 shares during the quarter. SPDR S&P Aerospace & Defense ETF accounts for 1.2% of Keystone Global Partners LLC’s holdings, making the stock its 24th biggest holding. Keystone Global Partners LLC’s holdings in SPDR S&P Aerospace & Defense ETF were worth $2,605,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of XAR. Strive Financial Group LLC acquired a new stake in SPDR S&P Aerospace & Defense ETF during the fourth quarter worth about $30,000. Milestone Investment Advisors LLC acquired a new position in shares of SPDR S&P Aerospace & Defense ETF in the 3rd quarter valued at approximately $32,000. Darwin Wealth Management LLC acquired a new position in shares of SPDR S&P Aerospace & Defense ETF in the 2nd quarter valued at approximately $43,000. Key Financial Inc bought a new stake in shares of SPDR S&P Aerospace & Defense ETF during the 4th quarter worth approximately $50,000. Finally, Assetmark Inc. lifted its holdings in shares of SPDR S&P Aerospace & Defense ETF by 121.8% during the 4th quarter. Assetmark Inc. now owns 244 shares of the company’s stock worth $59,000 after acquiring an additional 134 shares during the period.

SPDR S&P Aerospace & Defense ETF Trading Up 0.5%

NYSEARCA XAR opened at $285.11 on Thursday. The firm’s 50 day simple moving average is $271.82 and its 200 day simple moving average is $269.35. The firm has a market capitalization of $6.50 billion, a price-to-earnings ratio of 35.83 and a beta of 1.00. SPDR S&P Aerospace & Defense ETF has a 1 year low of $204.19 and a 1 year high of $295.39.

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.