CoreCap Advisors LLC Cuts Stock Position in SPDR S&P Aerospace & Defense ETF $XAR

CoreCap Advisors LLC trimmed its position in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 21.2% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 33,083 shares of the company’s stock after selling 8,912 shares during the quarter. CoreCap Advisors LLC owned about 0.15% of SPDR S&P Aerospace & Defense ETF worth $9,389,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of XAR. Turtle Creek Wealth Advisors LLC purchased a new stake in SPDR S&P Aerospace & Defense ETF during the first quarter valued at approximately $28,000. Glenmede Trust Co. NA purchased a new position in SPDR S&P Aerospace & Defense ETF in the first quarter worth $30,000. Strive Financial Group LLC acquired a new position in shares of SPDR S&P Aerospace & Defense ETF during the fourth quarter worth $30,000. Darwin Wealth Management LLC purchased a new stake in shares of SPDR S&P Aerospace & Defense ETF during the 2nd quarter valued at $43,000. Finally, Key Financial Inc purchased a new stake in shares of SPDR S&P Aerospace & Defense ETF during the 4th quarter valued at $50,000.

SPDR S&P Aerospace & Defense ETF Price Performance

SPDR S&P Aerospace & Defense ETF stock opened at $282.09 on Wednesday. SPDR S&P Aerospace & Defense ETF has a 1-year low of $208.77 and a 1-year high of $295.39. The business has a fifty day moving average price of $274.95 and a 200-day moving average price of $272.41. The stock has a market capitalization of $6.38 billion, a price-to-earnings ratio of 35.83 and a beta of 1.01.

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.