Q3 Asset Management Sells 2,851 Shares of SPDR S&P Aerospace & Defense ETF $XAR

Q3 Asset Management lessened its holdings in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 64.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,595 shares of the company’s stock after selling 2,851 shares during the quarter. Q3 Asset Management’s holdings in SPDR S&P Aerospace & Defense ETF were worth $392,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of XAR. NewEdge Advisors LLC lifted its position in SPDR S&P Aerospace & Defense ETF by 0.8% in the 1st quarter. NewEdge Advisors LLC now owns 8,257 shares of the company’s stock worth $1,327,000 after buying an additional 67 shares during the last quarter. Empowered Funds LLC bought a new stake in SPDR S&P Aerospace & Defense ETF in the 1st quarter worth approximately $1,582,000. Jane Street Group LLC lifted its position in SPDR S&P Aerospace & Defense ETF by 10.0% in the 1st quarter. Jane Street Group LLC now owns 18,380 shares of the company’s stock worth $2,953,000 after buying an additional 1,667 shares during the last quarter. EverSource Wealth Advisors LLC lifted its position in SPDR S&P Aerospace & Defense ETF by 30.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 540 shares of the company’s stock worth $114,000 after buying an additional 127 shares during the last quarter. Finally, Walleye Capital LLC bought a new stake in SPDR S&P Aerospace & Defense ETF in the 2nd quarter worth approximately $589,000.

SPDR S&P Aerospace & Defense ETF Price Performance

NYSEARCA:XAR opened at $276.38 on Monday. The business has a 50 day moving average of $271.32 and a 200 day moving average of $256.68. The company has a market capitalization of $6.28 billion, a price-to-earnings ratio of 35.83 and a beta of 1.03. SPDR S&P Aerospace & Defense ETF has a 1-year low of $156.83 and a 1-year high of $295.39.

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.