Claro Advisors LLC Sells 202 Shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

Claro Advisors LLC lowered its stake in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 5.0% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 3,863 shares of the company’s stock after selling 202 shares during the period. Claro Advisors LLC’s holdings in SPDR S&P Aerospace & Defense ETF were worth $543,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of the stock. Barclays PLC grew its position in SPDR S&P Aerospace & Defense ETF by 13.0% in the third quarter. Barclays PLC now owns 870 shares of the company’s stock valued at $98,000 after acquiring an additional 100 shares during the last quarter. Envestnet Asset Management Inc. grew its position in SPDR S&P Aerospace & Defense ETF by 16.6% in the third quarter. Envestnet Asset Management Inc. now owns 73,879 shares of the company’s stock valued at $8,282,000 after acquiring an additional 10,534 shares during the last quarter. Lido Advisors LLC grew its position in SPDR S&P Aerospace & Defense ETF by 6.7% in the third quarter. Lido Advisors LLC now owns 33,553 shares of the company’s stock valued at $3,761,000 after acquiring an additional 2,106 shares during the last quarter. Verity Asset Management Inc. grew its position in SPDR S&P Aerospace & Defense ETF by 8.4% in the third quarter. Verity Asset Management Inc. now owns 2,174 shares of the company’s stock valued at $244,000 after acquiring an additional 168 shares during the last quarter. Finally, Modera Wealth Management LLC bought a new position in SPDR S&P Aerospace & Defense ETF in the third quarter valued at about $11,064,000.

SPDR S&P Aerospace & Defense ETF Trading Down 0.6 %

SPDR S&P Aerospace & Defense ETF stock traded down $0.88 during midday trading on Monday, reaching $139.10. The company’s stock had a trading volume of 44,777 shares, compared to its average volume of 72,865. SPDR S&P Aerospace & Defense ETF has a 52 week low of $108.32 and a 52 week high of $145.38. The business has a 50-day moving average price of $140.88 and a 200-day moving average price of $136.72. The stock has a market cap of $2.09 billion, a PE ratio of 30.33 and a beta of 0.85.

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.