Stratos Wealth Partners LTD. Cuts Stake in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

Stratos Wealth Partners LTD. cut its stake in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 12.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 15,244 shares of the company’s stock after selling 2,229 shares during the period. Stratos Wealth Partners LTD. owned approximately 0.10% of SPDR S&P Aerospace & Defense ETF worth $2,528,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Howard Capital Management Group LLC raised its holdings in shares of SPDR S&P Aerospace & Defense ETF by 3.8% in the fourth quarter. Howard Capital Management Group LLC now owns 186,333 shares of the company’s stock worth $30,898,000 after acquiring an additional 6,861 shares during the last quarter. PNC Financial Services Group Inc. raised its stake in SPDR S&P Aerospace & Defense ETF by 20.7% in the 3rd quarter. PNC Financial Services Group Inc. now owns 142,454 shares of the company’s stock valued at $22,414,000 after purchasing an additional 24,404 shares during the last quarter. Raymond James & Associates lifted its holdings in SPDR S&P Aerospace & Defense ETF by 1.4% in the 3rd quarter. Raymond James & Associates now owns 79,824 shares of the company’s stock valued at $12,559,000 after purchasing an additional 1,102 shares in the last quarter. Enclave Advisors LLC boosted its stake in shares of SPDR S&P Aerospace & Defense ETF by 20.8% during the 4th quarter. Enclave Advisors LLC now owns 74,384 shares of the company’s stock worth $12,334,000 after purchasing an additional 12,786 shares during the last quarter. Finally, Kingsview Wealth Management LLC grew its holdings in shares of SPDR S&P Aerospace & Defense ETF by 5.1% during the third quarter. Kingsview Wealth Management LLC now owns 50,364 shares of the company’s stock worth $7,924,000 after buying an additional 2,466 shares in the last quarter.

SPDR S&P Aerospace & Defense ETF Stock Down 0.1 %

NYSEARCA:XAR opened at $173.15 on Friday. SPDR S&P Aerospace & Defense ETF has a fifty-two week low of $130.76 and a fifty-two week high of $181.38. The company has a market cap of $2.60 billion, a P/E ratio of 30.33 and a beta of 0.85. The firm’s 50 day moving average is $170.82 and its two-hundred day moving average is $161.37.

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.