Clear Creek Financial Management LLC Sells 1,749 Shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

Clear Creek Financial Management LLC lessened its stake in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 39.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,655 shares of the company’s stock after selling 1,749 shares during the quarter. Clear Creek Financial Management LLC’s holdings in SPDR S&P Aerospace & Defense ETF were worth $440,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of XAR. Darwin Wealth Management LLC bought a new stake in shares of SPDR S&P Aerospace & Defense ETF in the 3rd quarter worth approximately $70,000. Cable Hill Partners LLC purchased a new stake in shares of SPDR S&P Aerospace & Defense ETF during the third quarter worth $216,000. Shepherd Financial Partners LLC purchased a new stake in shares of SPDR S&P Aerospace & Defense ETF during the third quarter worth $217,000. Saxony Capital Management LLC purchased a new stake in shares of SPDR S&P Aerospace & Defense ETF during the fourth quarter worth $217,000. Finally, Benjamin Edwards Inc. purchased a new stake in shares of SPDR S&P Aerospace & Defense ETF during the third quarter worth $219,000.

SPDR S&P Aerospace & Defense ETF Price Performance

NYSEARCA:XAR opened at $175.46 on Monday. The company has a market cap of $2.64 billion, a P/E ratio of 30.33 and a beta of 0.85. The stock’s fifty day moving average price is $170.73 and its two-hundred day moving average price is $160.66. SPDR S&P Aerospace & Defense ETF has a 1 year low of $127.75 and a 1 year high of $181.38.

SPDR S&P Aerospace & Defense ETF 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.