Ameritas Advisory Services LLC Decreases Stock Position in SPDR S&P Aerospace & Defense ETF $XAR

Ameritas Advisory Services LLC decreased its holdings in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 55.8% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 4,998 shares of the company’s stock after selling 6,311 shares during the quarter. Ameritas Advisory Services LLC’s holdings in SPDR S&P Aerospace & Defense ETF were worth $1,174,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Assetmark Inc. boosted its position in SPDR S&P Aerospace & Defense ETF by 71.9% during the 3rd quarter. Assetmark Inc. now owns 110 shares of the company’s stock valued at $26,000 after purchasing an additional 46 shares during the period. Savvy Advisors Inc. raised its stake in shares of SPDR S&P Aerospace & Defense ETF by 29.9% in the 3rd quarter. Savvy Advisors Inc. now owns 1,303 shares of the company’s stock worth $306,000 after buying an additional 300 shares in the last quarter. Onyx Bridge Wealth Group LLC lifted its holdings in SPDR S&P Aerospace & Defense ETF by 11.9% in the 3rd quarter. Onyx Bridge Wealth Group LLC now owns 1,062 shares of the company’s stock valued at $250,000 after acquiring an additional 113 shares during the last quarter. Krilogy Financial LLC acquired a new position in shares of SPDR S&P Aerospace & Defense ETF in the 3rd quarter worth approximately $1,698,000. Finally, Center for Financial Planning Inc. acquired a new stake in shares of SPDR S&P Aerospace & Defense ETF during the third quarter worth $45,000.

SPDR S&P Aerospace & Defense ETF Price Performance

Shares of XAR opened at $270.72 on Friday. The company has a 50-day moving average of $262.10 and a two-hundred day moving average of $240.12. SPDR S&P Aerospace & Defense ETF has a one year low of $137.09 and a one year high of $294.45. The stock has a market cap of $5.75 billion, a price-to-earnings ratio of 35.83 and a beta of 1.13.

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.