Great Valley Advisor Group Inc. Sells 656 Shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

Great Valley Advisor Group Inc. reduced its position in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 8.8% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 6,776 shares of the company’s stock after selling 656 shares during the quarter. Great Valley Advisor Group Inc.’s holdings in SPDR S&P Aerospace & Defense ETF were worth $1,066,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Wulff Hansen & CO. purchased a new position in shares of SPDR S&P Aerospace & Defense ETF in the second quarter valued at about $41,479,000. Strategic Financial Concepts LLC raised its position in SPDR S&P Aerospace & Defense ETF by 2,746.3% during the 2nd quarter. Strategic Financial Concepts LLC now owns 85,674 shares of the company’s stock valued at $120,000 after purchasing an additional 82,664 shares during the last quarter. Cetera Investment Advisers raised its position in SPDR S&P Aerospace & Defense ETF by 278.1% during the 1st quarter. Cetera Investment Advisers now owns 87,630 shares of the company’s stock valued at $12,313,000 after purchasing an additional 64,451 shares during the last quarter. Retirement Planning Group LLC bought a new stake in shares of SPDR S&P Aerospace & Defense ETF in the 2nd quarter worth approximately $5,559,000. Finally, CoreCap Advisors LLC bought a new stake in shares of SPDR S&P Aerospace & Defense ETF in the 2nd quarter worth approximately $5,459,000.

SPDR S&P Aerospace & Defense ETF Stock Down 0.1 %

Shares of SPDR S&P Aerospace & Defense ETF stock opened at $172.42 on Tuesday. The business has a 50 day moving average of $160.85 and a 200 day moving average of $150.95. SPDR S&P Aerospace & Defense ETF has a 52 week low of $125.31 and a 52 week high of $175.28. The company has a market cap of $2.59 billion, a PE ratio of 30.33 and a beta of 0.85.

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.