Farther Finance Advisors LLC Has $369,000 Stake in SPDR S&P Aerospace & Defense ETF $XAR

Farther Finance Advisors LLC trimmed its stake in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 16.1% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,751 shares of the company’s stock after selling 335 shares during the period. Farther Finance Advisors LLC’s holdings in SPDR S&P Aerospace & Defense ETF were worth $369,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in XAR. Wealth Enhancement Advisory Services LLC raised its holdings in shares of SPDR S&P Aerospace & Defense ETF by 6.0% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 10,183 shares of the company’s stock worth $1,689,000 after acquiring an additional 578 shares during the period. Somerset Trust Co acquired a new stake in shares of SPDR S&P Aerospace & Defense ETF during the first quarter worth $218,000. NBC Securities Inc. raised its holdings in shares of SPDR S&P Aerospace & Defense ETF by 135,066.7% during the first quarter. NBC Securities Inc. now owns 4,055 shares of the company’s stock worth $651,000 after acquiring an additional 4,052 shares during the period. Roxbury Financial LLC acquired a new stake in shares of SPDR S&P Aerospace & Defense ETF during the first quarter worth $30,000. Finally, Enclave Advisors LLC increased its stake in SPDR S&P Aerospace & Defense ETF by 15.1% in the 1st quarter. Enclave Advisors LLC now owns 85,638 shares of the company’s stock valued at $13,761,000 after buying an additional 11,254 shares during the last quarter.

SPDR S&P Aerospace & Defense ETF Trading Up 1.9%

Shares of XAR stock opened at $230.33 on Monday. SPDR S&P Aerospace & Defense ETF has a 1 year low of $137.09 and a 1 year high of $231.45. The firm’s fifty day moving average price is $219.11 and its two-hundred day moving average price is $195.81. The firm has a market capitalization of $4.15 billion, a P/E ratio of 35.83 and a beta of 1.09.

About SPDR S&P Aerospace & Defense ETF

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.