Migdal Insurance & Financial Holdings Ltd. Reduces Stock Position in SPDR S&P Aerospace & Defense ETF $XAR

Migdal Insurance & Financial Holdings Ltd. cut its position in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 9.2% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 41,800 shares of the company’s stock after selling 4,259 shares during the period. Migdal Insurance & Financial Holdings Ltd.’s holdings in SPDR S&P Aerospace & Defense ETF were worth $9,821,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Dynamic Advisor Solutions LLC lifted its holdings in shares of SPDR S&P Aerospace & Defense ETF by 4.4% during the third quarter. Dynamic Advisor Solutions LLC now owns 1,054 shares of the company’s stock worth $248,000 after purchasing an additional 44 shares during the period. Objective Capital Management LLC raised its position in SPDR S&P Aerospace & Defense ETF by 2.8% during the 2nd quarter. Objective Capital Management LLC now owns 1,837 shares of the company’s stock worth $387,000 after buying an additional 50 shares during the last quarter. Trust Co. of Toledo NA OH raised its position in SPDR S&P Aerospace & Defense ETF by 2.6% during the 3rd quarter. Trust Co. of Toledo NA OH now owns 1,959 shares of the company’s stock worth $460,000 after buying an additional 50 shares during the last quarter. RoundAngle Advisors LLC lifted its stake in SPDR S&P Aerospace & Defense ETF by 0.9% during the 3rd quarter. RoundAngle Advisors LLC now owns 5,846 shares of the company’s stock valued at $1,374,000 after acquiring an additional 51 shares during the period. Finally, Great Valley Advisor Group Inc. lifted its stake in SPDR S&P Aerospace & Defense ETF by 0.8% during the 2nd quarter. Great Valley Advisor Group Inc. now owns 6,193 shares of the company’s stock valued at $1,306,000 after acquiring an additional 52 shares during the period.

SPDR S&P Aerospace & Defense ETF Price Performance

NYSEARCA:XAR opened at $284.06 on Wednesday. The company’s fifty day moving average price is $244.76 and its 200-day moving average price is $233.00. SPDR S&P Aerospace & Defense ETF has a 1-year low of $137.09 and a 1-year high of $294.45. The firm has a market capitalization of $5.94 billion, a P/E ratio of 35.83 and a beta of 1.13.

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.