SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) Shares Sold by Scarborough Advisors LLC

Scarborough Advisors LLC decreased its holdings in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 92.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,440 shares of the company’s stock after selling 16,798 shares during the period. Scarborough Advisors LLC’s holdings in SPDR S&P Aerospace & Defense ETF were worth $239,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of XAR. Focus Financial Network Inc. grew its holdings in shares of SPDR S&P Aerospace & Defense ETF by 2.6% in the 4th quarter. Focus Financial Network Inc. now owns 2,434 shares of the company’s stock worth $404,000 after acquiring an additional 62 shares during the period. Trust Co. of Toledo NA OH grew its holdings in SPDR S&P Aerospace & Defense ETF by 3.5% in the fourth quarter. Trust Co. of Toledo NA OH now owns 1,909 shares of the company’s stock valued at $317,000 after purchasing an additional 64 shares during the last quarter. Verity Asset Management Inc. increased its position in shares of SPDR S&P Aerospace & Defense ETF by 3.9% in the fourth quarter. Verity Asset Management Inc. now owns 1,726 shares of the company’s stock valued at $286,000 after buying an additional 64 shares in the last quarter. Flagstar Advisors Inc. raised its stake in shares of SPDR S&P Aerospace & Defense ETF by 1.4% during the 3rd quarter. Flagstar Advisors Inc. now owns 5,667 shares of the company’s stock worth $892,000 after buying an additional 77 shares during the last quarter. Finally, Redhawk Wealth Advisors Inc. boosted its position in shares of SPDR S&P Aerospace & Defense ETF by 3.5% in the 4th quarter. Redhawk Wealth Advisors Inc. now owns 2,409 shares of the company’s stock worth $400,000 after buying an additional 82 shares in the last quarter.

SPDR S&P Aerospace & Defense ETF Trading Down 0.7 %

Shares of XAR opened at $168.77 on Friday. SPDR S&P Aerospace & Defense ETF has a 12-month low of $131.78 and a 12-month high of $181.38. The stock has a market cap of $2.53 billion, a P/E ratio of 30.33 and a beta of 0.85. The company has a 50-day moving average of $170.73 and a two-hundred day moving average of $162.26.

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.