WBH Advisory Inc. Trims Stake in SPDR S&P Aerospace & Defense ETF $XAR

WBH Advisory Inc. reduced its position in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 24.5% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 4,783 shares of the company’s stock after selling 1,549 shares during the period. WBH Advisory Inc.’s holdings in SPDR S&P Aerospace & Defense ETF were worth $1,009,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the company. International Assets Investment Management LLC lifted its holdings in shares of SPDR S&P Aerospace & Defense ETF by 69.4% in the 2nd quarter. International Assets Investment Management LLC now owns 4,542 shares of the company’s stock valued at $958,000 after purchasing an additional 1,860 shares during the last quarter. Signature Estate & Investment Advisors LLC increased its position in SPDR S&P Aerospace & Defense ETF by 3.3% in the 2nd quarter. Signature Estate & Investment Advisors LLC now owns 11,039 shares of the company’s stock valued at $2,328,000 after acquiring an additional 350 shares during the period. Stratos Wealth Partners LTD. increased its position in SPDR S&P Aerospace & Defense ETF by 1.4% in the 2nd quarter. Stratos Wealth Partners LTD. now owns 15,481 shares of the company’s stock valued at $3,266,000 after acquiring an additional 220 shares during the period. Mutual Advisors LLC increased its position in SPDR S&P Aerospace & Defense ETF by 16.3% in the 2nd quarter. Mutual Advisors LLC now owns 4,124 shares of the company’s stock valued at $909,000 after acquiring an additional 578 shares during the period. Finally, Acorn Financial Advisory Services Inc. ADV increased its position in SPDR S&P Aerospace & Defense ETF by 22.6% in the 2nd quarter. Acorn Financial Advisory Services Inc. ADV now owns 1,863 shares of the company’s stock valued at $393,000 after acquiring an additional 344 shares during the period.

SPDR S&P Aerospace & Defense ETF Stock Up 2.5%

Shares of XAR stock opened at $241.35 on Tuesday. The stock has a market capitalization of $4.62 billion, a PE ratio of 35.83 and a beta of 1.09. SPDR S&P Aerospace & Defense ETF has a 52-week low of $137.09 and a 52-week high of $251.24. The stock’s 50-day moving average price is $226.61 and its 200 day moving average price is $204.53.

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.