SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) Position Decreased by New England Private Wealth Advisors LLC

New England Private Wealth Advisors LLC decreased its holdings in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 19.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,289 shares of the company’s stock after selling 563 shares during the period. New England Private Wealth Advisors LLC’s holdings in SPDR S&P Aerospace & Defense ETF were worth $310,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in the business. VCI Wealth Management LLC bought a new position in shares of SPDR S&P Aerospace & Defense ETF during the 4th quarter valued at about $692,000. Atria Wealth Solutions Inc. boosted its position in shares of SPDR S&P Aerospace & Defense ETF by 17.7% during the 4th quarter. Atria Wealth Solutions Inc. now owns 19,690 shares of the company’s stock valued at $2,666,000 after purchasing an additional 2,959 shares in the last quarter. Capital Advisors Ltd. LLC bought a new position in shares of SPDR S&P Aerospace & Defense ETF during the 4th quarter valued at about $60,000. Armbruster Capital Management Inc. acquired a new position in shares of SPDR S&P Aerospace & Defense ETF in the fourth quarter worth about $243,000. Finally, Capital Investment Advisory Services LLC acquired a new position in shares of SPDR S&P Aerospace & Defense ETF in the fourth quarter worth about $400,000.

SPDR S&P Aerospace & Defense ETF Trading Up 1.2 %

Shares of XAR traded up $1.64 during midday trading on Friday, hitting $136.24. The stock had a trading volume of 43,755 shares, compared to its average volume of 78,497. SPDR S&P Aerospace & Defense ETF has a fifty-two week low of $108.32 and a fifty-two week high of $142.78. The business has a 50-day simple moving average of $136.85 and a two-hundred day simple moving average of $130.43. The firm has a market cap of $2.05 billion, a P/E ratio of 29.37 and a beta of 0.84.

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.