Moloney Securities Asset Management LLC Sells 191 Shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

Moloney Securities Asset Management LLC decreased its stake in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 8.1% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 2,173 shares of the company’s stock after selling 191 shares during the quarter. Moloney Securities Asset Management LLC’s holdings in SPDR S&P Aerospace & Defense ETF were worth $360,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of XAR. Howard Capital Management Group LLC boosted its stake in SPDR S&P Aerospace & Defense ETF by 3.8% during the fourth quarter. Howard Capital Management Group LLC now owns 186,333 shares of the company’s stock worth $30,898,000 after buying an additional 6,861 shares during the period. PNC Financial Services Group Inc. lifted its holdings in shares of SPDR S&P Aerospace & Defense ETF by 20.7% in the 3rd quarter. PNC Financial Services Group Inc. now owns 142,454 shares of the company’s stock worth $22,414,000 after acquiring an additional 24,404 shares during the last quarter. Strategic Financial Concepts LLC purchased a new position in shares of SPDR S&P Aerospace & Defense ETF during the 4th quarter worth about $19,962,000. Raymond James & Associates boosted its stake in shares of SPDR S&P Aerospace & Defense ETF by 1.4% during the 3rd quarter. Raymond James & Associates now owns 79,824 shares of the company’s stock worth $12,559,000 after purchasing an additional 1,102 shares during the period. Finally, Kingsview Wealth Management LLC grew its holdings in SPDR S&P Aerospace & Defense ETF by 51.3% during 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 during the last quarter.

SPDR S&P Aerospace & Defense ETF Price Performance

Shares of NYSEARCA XAR opened at $175.78 on Tuesday. SPDR S&P Aerospace & Defense ETF has a 1 year low of $130.76 and a 1 year high of $181.38. The firm has a 50-day simple moving average of $170.75 and a two-hundred day simple moving average of $161.77. The company has a market cap of $2.64 billion, a P/E 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.