SPDR S&P Aerospace & Defense ETF $XAR Shares Sold by FLC Capital Advisors

FLC Capital Advisors trimmed its holdings in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 1.3% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 36,248 shares of the company’s stock after selling 465 shares during the period. SPDR S&P Aerospace & Defense ETF accounts for approximately 1.6% of FLC Capital Advisors’ holdings, making the stock its 17th largest holding. FLC Capital Advisors owned approximately 0.21% of SPDR S&P Aerospace & Defense ETF worth $7,646,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. TD Capital Management LLC acquired a new stake in SPDR S&P Aerospace & Defense ETF in the 1st quarter worth about $29,000. Reyes Financial Architecture Inc. acquired a new stake in SPDR S&P Aerospace & Defense ETF in the 1st quarter worth about $32,000. Brentview Investment Management LLC acquired a new stake in SPDR S&P Aerospace & Defense ETF in the 1st quarter worth about $32,000. Zions Bancorporation National Association UT purchased a new position in shares of SPDR S&P Aerospace & Defense ETF in the 1st quarter worth about $32,000. Finally, Golden State Wealth Management LLC raised its holdings in shares of SPDR S&P Aerospace & Defense ETF by 100.0% in the 1st quarter. Golden State Wealth Management LLC now owns 252 shares of the company’s stock worth $40,000 after purchasing an additional 126 shares during the period.

SPDR S&P Aerospace & Defense ETF Price Performance

SPDR S&P Aerospace & Defense ETF stock opened at $235.42 on Monday. The stock’s 50-day moving average is $226.08 and its 200-day moving average is $203.86. The company has a market cap of $4.50 billion, a price-to-earnings ratio of 35.83 and a beta of 1.09. SPDR S&P Aerospace & Defense ETF has a 12 month low of $137.09 and a 12 month high of $251.24.

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.