SPDR S&P Aerospace & Defense ETF $XAR Shares Sold by JPMorgan Chase & Co.

JPMorgan Chase & Co. lowered its stake in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 3.1% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 62,524 shares of the company’s stock after selling 1,989 shares during the quarter. JPMorgan Chase & Co. owned about 0.32% of SPDR S&P Aerospace & Defense ETF worth $14,691,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the stock. Raymond James Financial Inc. increased its position in SPDR S&P Aerospace & Defense ETF by 15.6% during the second quarter. Raymond James Financial Inc. now owns 194,416 shares of the company’s stock worth $41,010,000 after purchasing an additional 26,306 shares during the last quarter. Howard Capital Management Group LLC grew its stake in shares of SPDR S&P Aerospace & Defense ETF by 0.6% during the 3rd quarter. Howard Capital Management Group LLC now owns 189,800 shares of the company’s stock valued at $44,595,000 after buying an additional 1,128 shares during the period. Commonwealth Equity Services LLC grew its stake in shares of SPDR S&P Aerospace & Defense ETF by 13.2% during the 3rd quarter. Commonwealth Equity Services LLC now owns 151,571 shares of the company’s stock valued at $35,613,000 after buying an additional 17,677 shares during the period. Osaic Holdings Inc. increased its holdings in shares of SPDR S&P Aerospace & Defense ETF by 21.0% during the 2nd quarter. Osaic Holdings Inc. now owns 129,391 shares of the company’s stock worth $27,318,000 after buying an additional 22,474 shares during the last quarter. Finally, Enclave Advisors LLC raised its position in shares of SPDR S&P Aerospace & Defense ETF by 16.9% in the 3rd quarter. Enclave Advisors LLC now owns 125,528 shares of the company’s stock worth $29,494,000 after buying an additional 18,131 shares during the period.

SPDR S&P Aerospace & Defense ETF Trading Up 1.0%

XAR stock opened at $287.18 on Thursday. The company has a market cap of $6.10 billion, a PE ratio of 35.83 and a beta of 1.13. The stock has a 50-day moving average price of $273.38 and a two-hundred day moving average price of $246.18. SPDR S&P Aerospace & Defense ETF has a 12-month low of $137.09 and a 12-month high of $295.39.

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.