SPDR S&P Aerospace & Defense ETF $XAR Stock Holdings Lessened by Enclave Advisors LLC

Enclave Advisors LLC decreased its holdings in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 2.3% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 139,816 shares of the company’s stock after selling 3,256 shares during the quarter. SPDR S&P Aerospace & Defense ETF accounts for approximately 4.1% of Enclave Advisors LLC’s holdings, making the stock its 8th biggest holding. Enclave Advisors LLC owned 0.59% of SPDR S&P Aerospace & Defense ETF worth $32,332,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Rinkey Investments acquired a new position in SPDR S&P Aerospace & Defense ETF in the second quarter worth about $20,186,000. Confluence Investment Management LLC bought a new position in SPDR S&P Aerospace & Defense ETF during the third quarter worth about $14,634,000. Advisory Solutions Group LLC bought a new position in SPDR S&P Aerospace & Defense ETF during the second quarter worth about $596,000. Piedmont Capital Management LLC bought a new position in SPDR S&P Aerospace & Defense ETF during the second quarter worth about $26,305,000. Finally, NewEdge Advisors LLC boosted its holdings in SPDR S&P Aerospace & Defense ETF by 23.7% during the second quarter. NewEdge Advisors LLC now owns 24,342 shares of the company’s stock valued at $6,908,000 after purchasing an additional 4,656 shares in the last quarter.

SPDR S&P Aerospace & Defense ETF Trading Down 1.2%

NYSEARCA XAR opened at $222.88 on Wednesday. The stock’s 50 day moving average is $254.65 and its two-hundred day moving average is $264.67. The company has a market capitalization of $5.31 billion, a price-to-earnings ratio of 35.83 and a beta of 1.03. SPDR S&P Aerospace & Defense ETF has a 1-year low of $215.02 and a 1-year high of $297.79.

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.