SPDR S&P Aerospace & Defense ETF $XAR Shares Sold by Blue Trust Inc.

Blue Trust Inc. lessened its stake in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 10.2% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,512 shares of the company’s stock after selling 172 shares during the quarter. Blue Trust Inc.’s holdings in SPDR S&P Aerospace & Defense ETF were worth $319,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in XAR. WMG Financial Advisors LLC acquired a new position in SPDR S&P Aerospace & Defense ETF in the second quarter valued at $201,000. Stonebridge Financial Group LLC lifted its stake in shares of SPDR S&P Aerospace & Defense ETF by 18,876.7% in the 2nd quarter. Stonebridge Financial Group LLC now owns 68,316 shares of the company’s stock valued at $14,411,000 after purchasing an additional 67,956 shares in the last quarter. Blair William & Co. IL lifted its stake in shares of SPDR S&P Aerospace & Defense ETF by 4.8% in the 2nd quarter. Blair William & Co. IL now owns 1,713 shares of the company’s stock valued at $361,000 after purchasing an additional 78 shares in the last quarter. WESPAC Advisors LLC acquired a new position in shares of SPDR S&P Aerospace & Defense ETF in the 2nd quarter valued at about $255,000. Finally, Kingswood Wealth Advisors LLC lifted its stake in shares of SPDR S&P Aerospace & Defense ETF by 5.7% in the 2nd quarter. Kingswood Wealth Advisors LLC now owns 1,954 shares of the company’s stock valued at $412,000 after purchasing an additional 105 shares in the last quarter.

SPDR S&P Aerospace & Defense ETF Stock Up 2.1%

Shares of XAR stock opened at $243.94 on Tuesday. The stock has a market cap of $4.64 billion, a price-to-earnings ratio of 35.83 and a beta of 1.09. SPDR S&P Aerospace & Defense ETF has a fifty-two week low of $137.09 and a fifty-two week high of $250.87. The firm’s 50 day moving average price is $224.14 and its two-hundred day moving average price is $201.64.

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.