Meitav Investment House Ltd. Sells 5,235 Shares of SPDR S&P Aerospace & Defense ETF $XAR

Meitav Investment House Ltd. decreased its position in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 11.8% in the first quarter, HoldingsChannel reports. The fund owned 39,305 shares of the company’s stock after selling 5,235 shares during the quarter. Meitav Investment House Ltd.’s holdings in SPDR S&P Aerospace & Defense ETF were worth $9,983,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. NewEdge Advisors LLC increased its position in shares of SPDR S&P Aerospace & Defense ETF by 0.8% during the first quarter. NewEdge Advisors LLC now owns 8,257 shares of the company’s stock worth $1,327,000 after purchasing an additional 67 shares in the last quarter. Empowered Funds LLC acquired a new stake in shares of SPDR S&P Aerospace & Defense ETF in the 1st quarter worth $1,582,000. Jane Street Group LLC boosted its position in shares of SPDR S&P Aerospace & Defense ETF by 10.0% in the 1st quarter. Jane Street Group LLC now owns 18,380 shares of the company’s stock worth $2,953,000 after purchasing an additional 1,667 shares in the last quarter. EverSource Wealth Advisors LLC grew its stake in SPDR S&P Aerospace & Defense ETF by 30.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 540 shares of the company’s stock worth $114,000 after buying an additional 127 shares during the last quarter. Finally, Walleye Capital LLC purchased a new position in SPDR S&P Aerospace & Defense ETF during the 2nd quarter worth $589,000.

SPDR S&P Aerospace & Defense ETF Stock Performance

NYSEARCA:XAR traded down $10.50 during mid-day trading on Tuesday, hitting $279.23. 98,739 shares of the company’s stock traded hands, compared to its average volume of 275,757. The company has a fifty day moving average of $273.26 and a 200 day moving average of $270.48. SPDR S&P Aerospace & Defense ETF has a twelve month low of $205.71 and a twelve month high of $295.39. The company has a market capitalization of $6.36 billion, a P/E ratio of 35.83 and a beta of 1.00.

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.