Anson Capital Inc. cut its holdings in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR – Free Report) by 12.7% in the third quarter, HoldingsChannel reports. The firm owned 11,568 shares of the company’s stock after selling 1,683 shares during the period. SPDR S&P Aerospace & Defense ETF accounts for about 1.6% of Anson Capital Inc.’s holdings, making the stock its 16th biggest holding. Anson Capital Inc.’s holdings in SPDR S&P Aerospace & Defense ETF were worth $1,820,000 as of its most recent SEC filing.
Several other hedge funds also recently added to or reduced their stakes in XAR. Fairfield Financial Advisors LTD purchased a new position in shares of SPDR S&P Aerospace & Defense ETF during the 2nd quarter valued at about $37,000. Mather Group LLC. acquired a new stake in SPDR S&P Aerospace & Defense ETF during the second quarter worth about $49,000. GPS Wealth Strategies Group LLC raised its position in SPDR S&P Aerospace & Defense ETF by 43.9% during the second quarter. GPS Wealth Strategies Group LLC now owns 459 shares of the company’s stock valued at $64,000 after acquiring an additional 140 shares in the last quarter. ORG Partners LLC acquired a new position in SPDR S&P Aerospace & Defense ETF in the second quarter valued at approximately $77,000. Finally, National Bank of Canada FI boosted its position in SPDR S&P Aerospace & Defense ETF by 9.5% in the 2nd quarter. National Bank of Canada FI now owns 818 shares of the company’s stock worth $114,000 after purchasing an additional 71 shares in the last quarter.
SPDR S&P Aerospace & Defense ETF Stock Up 0.5 %
Shares of NYSEARCA:XAR traded up $0.73 during trading on Friday, hitting $159.38. 273,063 shares of the stock traded hands, compared to its average volume of 87,056. The company has a fifty day moving average price of $155.73 and a two-hundred day moving average price of $146.64. SPDR S&P Aerospace & Defense ETF has a 52-week low of $111.86 and a 52-week high of $164.88. The company has a market cap of $2.39 billion, a price-to-earnings 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.
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Want to see what other hedge funds are holding XAR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR – Free Report).
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