VVR Holdings LLC Has $2.61 Million Stake in SPDR S&P Aerospace & Defense ETF $XAR

VVR Holdings LLC reduced its position in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 40.3% during the first quarter, Holdings Channel.com reports. The firm owned 10,271 shares of the company’s stock after selling 6,932 shares during the quarter. SPDR S&P Aerospace & Defense ETF accounts for approximately 1.3% of VVR Holdings LLC’s holdings, making the stock its 18th biggest position. VVR Holdings LLC’s holdings in SPDR S&P Aerospace & Defense ETF were worth $2,609,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of XAR. Enclave Advisors LLC lifted its stake in shares of SPDR S&P Aerospace & Defense ETF by 3.6% in the fourth quarter. Enclave Advisors LLC now owns 129,985 shares of the company’s stock valued at $31,358,000 after buying an additional 4,457 shares in the last quarter. CWM LLC increased its position in shares of SPDR S&P Aerospace & Defense ETF by 2,668.1% during the fourth quarter. CWM LLC now owns 206,667 shares of the company’s stock worth $49,856,000 after acquiring an additional 199,201 shares in the last quarter. Robinhood Asset Management LLC bought a new stake in shares of SPDR S&P Aerospace & Defense ETF during the fourth quarter worth about $35,579,000. Breakthru Advisory Services LLC acquired a new stake in shares of SPDR S&P Aerospace & Defense ETF in the 4th quarter worth about $9,259,000. Finally, Ascent Group LLC acquired a new stake in shares of SPDR S&P Aerospace & Defense ETF in the 4th quarter worth about $462,000.

SPDR S&P Aerospace & Defense ETF Stock Performance

Shares of NYSEARCA XAR opened at $284.29 on Friday. SPDR S&P Aerospace & Defense ETF has a fifty-two week low of $196.00 and a fifty-two week high of $295.39. The stock has a market cap of $6.50 billion, a price-to-earnings ratio of 35.83 and a beta of 0.99. The firm’s 50-day simple moving average is $271.22 and its 200 day simple moving average is $266.50.

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.