SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) Shares Sold by Meitav Investment House Ltd.

Meitav Investment House Ltd. reduced its position in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 40.7% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 17,819 shares of the company’s stock after selling 12,220 shares during the period. Meitav Investment House Ltd.’s holdings in SPDR S&P Aerospace & Defense ETF were worth $2,955,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Strategic Financial Concepts LLC acquired a new position in shares of SPDR S&P Aerospace & Defense ETF during the 4th quarter worth $19,962,000. Howard Capital Management Group LLC boosted its holdings in SPDR S&P Aerospace & Defense ETF by 21.1% during the third quarter. Howard Capital Management Group LLC now owns 179,472 shares of the company’s stock worth $28,238,000 after buying an additional 31,277 shares in the last quarter. Bank of Montreal Can grew its holdings in shares of SPDR S&P Aerospace & Defense ETF by 1,273.8% in the 3rd quarter. Bank of Montreal Can now owns 29,179 shares of the company’s stock worth $4,575,000 after acquiring an additional 27,055 shares during the period. Kingsview Wealth Management LLC increased its stake in SPDR S&P Aerospace & Defense ETF by 51.3% in the 4th quarter. Kingsview Wealth Management LLC now owns 76,176 shares of the company’s stock valued at $12,632,000 after purchasing an additional 25,812 shares in the last quarter. Finally, Foundations Investment Advisors LLC raised its holdings in SPDR S&P Aerospace & Defense ETF by 416.1% during the third quarter. Foundations Investment Advisors LLC now owns 30,850 shares of the company’s stock worth $4,854,000 after purchasing an additional 24,872 shares during the last quarter.

SPDR S&P Aerospace & Defense ETF Stock Performance

SPDR S&P Aerospace & Defense ETF stock opened at $168.93 on Thursday. The firm has a market capitalization of $2.54 billion, a price-to-earnings ratio of 30.33 and a beta of 0.85. SPDR S&P Aerospace & Defense ETF has a fifty-two week low of $131.78 and a fifty-two week high of $181.38. The stock’s fifty day moving average is $170.71 and its two-hundred day moving average is $162.91.

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.