Worth Asset Management LLC Trims Position in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

Worth Asset Management LLC reduced its position in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 1.4% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 5,180 shares of the company’s stock after selling 75 shares during the period. Worth Asset Management LLC’s holdings in SPDR S&P Aerospace & Defense ETF were worth $859,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of XAR. B. Riley Wealth Advisors Inc. grew its position in shares of SPDR S&P Aerospace & Defense ETF by 2.9% in the third quarter. B. Riley Wealth Advisors Inc. now owns 8,489 shares of the company’s stock valued at $1,337,000 after purchasing an additional 241 shares during the period. World Investment Advisors LLC grew its holdings in SPDR S&P Aerospace & Defense ETF by 4.3% in the 3rd quarter. World Investment Advisors LLC now owns 9,838 shares of the company’s stock valued at $1,548,000 after buying an additional 402 shares during the period. EP Wealth Advisors LLC grew its holdings in SPDR S&P Aerospace & Defense ETF by 60.3% in the 3rd quarter. EP Wealth Advisors LLC now owns 1,449 shares of the company’s stock valued at $228,000 after buying an additional 545 shares during the period. Kovitz Investment Group Partners LLC increased its stake in shares of SPDR S&P Aerospace & Defense ETF by 102.1% during the 3rd quarter. Kovitz Investment Group Partners LLC now owns 4,932 shares of the company’s stock valued at $715,000 after acquiring an additional 2,492 shares during the last quarter. Finally, IHT Wealth Management LLC lifted its holdings in shares of SPDR S&P Aerospace & Defense ETF by 4.5% during the 3rd quarter. IHT Wealth Management LLC now owns 18,238 shares of the company’s stock worth $2,871,000 after acquiring an additional 789 shares during the period.

SPDR S&P Aerospace & Defense ETF Stock Performance

SPDR S&P Aerospace & Defense ETF stock traded down $0.03 during trading on Wednesday, reaching $167.29. The company had a trading volume of 57,629 shares, compared to its average volume of 130,277. SPDR S&P Aerospace & Defense ETF has a 12-month low of $126.56 and a 12-month high of $177.27. The stock’s 50 day moving average price is $167.58 and its two-hundred day moving average price is $156.83. The firm has a market capitalization of $2.51 billion, a price-to-earnings ratio of 30.33 and a beta of 0.85.

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.