WJ Wealth Management LLC Sells 3,050 Shares of SPDR S&P Aerospace & Defense ETF $XAR

WJ Wealth Management LLC lowered its holdings in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 50.0% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,050 shares of the company’s stock after selling 3,050 shares during the quarter. WJ Wealth Management LLC’s holdings in SPDR S&P Aerospace & Defense ETF were worth $758,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the business. Bank of America Corp DE lifted its position in shares of SPDR S&P Aerospace & Defense ETF by 5.8% during the third quarter. Bank of America Corp DE now owns 810,236 shares of the company’s stock worth $190,373,000 after purchasing an additional 44,082 shares during the last quarter. Raymond James Financial Inc. boosted its stake in shares of SPDR S&P Aerospace & Defense ETF by 28.7% during the third quarter. Raymond James Financial Inc. now owns 250,121 shares of the company’s stock valued at $58,768,000 after purchasing an additional 55,705 shares during the period. Quadrature Capital Ltd bought a new position in shares of SPDR S&P Aerospace & Defense ETF in the third quarter worth about $46,032,000. Howard Capital Management Group LLC grew its holdings in shares of SPDR S&P Aerospace & Defense ETF by 0.6% in the third quarter. Howard Capital Management Group LLC now owns 189,800 shares of the company’s stock worth $44,595,000 after purchasing an additional 1,128 shares during the last quarter. Finally, Commonwealth Equity Services LLC increased its stake in SPDR S&P Aerospace & Defense ETF by 13.2% in the 3rd quarter. Commonwealth Equity Services LLC now owns 151,571 shares of the company’s stock worth $35,613,000 after buying an additional 17,677 shares during the period.

SPDR S&P Aerospace & Defense ETF Price Performance

Shares of XAR opened at $273.76 on Wednesday. The firm has a market capitalization of $5.82 billion, a price-to-earnings ratio of 35.83 and a beta of 1.13. SPDR S&P Aerospace & Defense ETF has a 1-year low of $137.09 and a 1-year high of $295.39. The company has a 50-day moving average of $277.98 and a 200 day moving average of $250.10.

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.