Kraematon Investment Advisors Inc. trimmed its holdings in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR – Free Report) by 3.4% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 1,428 shares of the company’s stock after selling 50 shares during the period. Kraematon Investment Advisors Inc.’s holdings in SPDR S&P Aerospace & Defense ETF were worth $301,000 at the end of the most recent reporting period.
Other hedge funds have also made changes to their positions in the company. TD Capital Management LLC purchased a new stake in SPDR S&P Aerospace & Defense ETF during the 1st quarter valued at approximately $29,000. Reyes Financial Architecture Inc. acquired a new position in shares of SPDR S&P Aerospace & Defense ETF in the first quarter valued at approximately $32,000. Brentview Investment Management LLC purchased a new stake in shares of SPDR S&P Aerospace & Defense ETF during the first quarter worth approximately $32,000. Zions Bancorporation National Association UT acquired a new stake in shares of SPDR S&P Aerospace & Defense ETF during the first quarter worth $32,000. Finally, Golden State Wealth Management LLC lifted its holdings in shares of SPDR S&P Aerospace & Defense ETF by 100.0% during the first quarter. Golden State Wealth Management LLC now owns 252 shares of the company’s stock worth $40,000 after purchasing an additional 126 shares during the period.
SPDR S&P Aerospace & Defense ETF Stock Performance
Shares of XAR opened at $240.67 on Friday. The stock has a market capitalization of $4.48 billion, a P/E ratio of 35.83 and a beta of 1.09. SPDR S&P Aerospace & Defense ETF has a 1 year low of $137.09 and a 1 year high of $242.00. The company’s fifty day moving average is $220.82 and its two-hundred day moving average is $198.10.
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.
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