SeaCrest Wealth Management LLC Lowers Stock Position in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

SeaCrest Wealth Management LLC trimmed its stake in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 3.0% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 14,623 shares of the company’s stock after selling 449 shares during the period. SeaCrest Wealth Management LLC owned about 0.11% of SPDR S&P Aerospace & Defense ETF worth $1,914,000 as of its most recent filing with the SEC.

Other large investors have also recently made changes to their positions in the company. Picton Mahoney Asset Management raised its position in SPDR S&P Aerospace & Defense ETF by 100.1% in the third quarter. Picton Mahoney Asset Management now owns 1,500 shares of the company’s stock valued at $168,000 after purchasing an additional 1,100,000 shares during the period. LPL Financial LLC raised its holdings in shares of SPDR S&P Aerospace & Defense ETF by 13.5% in the 3rd quarter. LPL Financial LLC now owns 843,623 shares of the company’s stock valued at $94,570,000 after buying an additional 100,289 shares during the period. BNP Paribas Arbitrage SA lifted its stake in SPDR S&P Aerospace & Defense ETF by 39.9% during the 1st quarter. BNP Paribas Arbitrage SA now owns 351,282 shares of the company’s stock worth $43,798,000 after acquiring an additional 100,225 shares in the last quarter. Modera Wealth Management LLC acquired a new position in SPDR S&P Aerospace & Defense ETF during the 3rd quarter worth about $11,064,000. Finally, UBS Group AG boosted its holdings in SPDR S&P Aerospace & Defense ETF by 60.8% during the 1st quarter. UBS Group AG now owns 226,415 shares of the company’s stock valued at $28,230,000 after acquiring an additional 85,641 shares during the period.

SPDR S&P Aerospace & Defense ETF Price Performance

Shares of XAR stock traded up $0.25 during trading on Thursday, reaching $140.51. The company’s stock had a trading volume of 36,414 shares, compared to its average volume of 81,377. SPDR S&P Aerospace & Defense ETF has a 1-year low of $108.32 and a 1-year high of $142.78. The stock’s 50-day moving average price is $135.16 and its 200 day moving average price is $127.19. The company has a market capitalization of $1.79 billion, a price-to-earnings ratio of 21.50 and a beta of 1.09.

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.