Prosperity Financial Group Inc. Lowers Position in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

Prosperity Financial Group Inc. lessened its position in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 4.5% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,428 shares of the company’s stock after selling 67 shares during the quarter. Prosperity Financial Group Inc.’s holdings in SPDR S&P Aerospace & Defense ETF were worth $225,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in XAR. Waverly Advisors LLC purchased a new position in shares of SPDR S&P Aerospace & Defense ETF in the 1st quarter valued at approximately $1,288,000. Coppell Advisory Solutions Corp. purchased a new position in shares of SPDR S&P Aerospace & Defense ETF in the 1st quarter valued at approximately $208,000. Cetera Investment Advisers lifted its stake in shares of SPDR S&P Aerospace & Defense ETF by 278.1% in the 1st quarter. Cetera Investment Advisers now owns 87,630 shares of the company’s stock valued at $12,313,000 after purchasing an additional 64,451 shares during the period. Cetera Advisors LLC lifted its stake in shares of SPDR S&P Aerospace & Defense ETF by 75.9% in the 1st quarter. Cetera Advisors LLC now owns 25,444 shares of the company’s stock valued at $3,575,000 after purchasing an additional 10,979 shares during the period. Finally, Verity Asset Management Inc. lifted its stake in shares of SPDR S&P Aerospace & Defense ETF by 12.5% in the 1st quarter. Verity Asset Management Inc. now owns 2,009 shares of the company’s stock valued at $282,000 after purchasing an additional 223 shares during the period.

SPDR S&P Aerospace & Defense ETF Stock Up 1.4 %

XAR stock opened at $172.56 on Monday. The business has a 50 day moving average of $160.45 and a 200 day moving average of $150.74. The firm has a market cap of $2.59 billion, a PE ratio of 30.33 and a beta of 0.85. SPDR S&P Aerospace & Defense ETF has a twelve month low of $125.31 and a twelve month high of $175.28.

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.