Horizon Wealth Management LLC Sells 30,015 Shares of SPDR S&P Aerospace & Defense ETF $XAR

Horizon Wealth Management LLC decreased its position in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 58.4% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 21,349 shares of the company’s stock after selling 30,015 shares during the quarter. SPDR S&P Aerospace & Defense ETF comprises 0.8% of Horizon Wealth Management LLC’s investment portfolio, making the stock its 26th largest holding. Horizon Wealth Management LLC’s holdings in SPDR S&P Aerospace & Defense ETF were worth $5,150,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Assetmark Inc. lifted its holdings in SPDR S&P Aerospace & Defense ETF by 71.9% in the 3rd quarter. Assetmark Inc. now owns 110 shares of the company’s stock worth $26,000 after purchasing an additional 46 shares during the last quarter. Acorn Financial Advisory Services Inc. ADV lifted its holdings in SPDR S&P Aerospace & Defense ETF by 2.2% in the 4th quarter. Acorn Financial Advisory Services Inc. ADV now owns 2,169 shares of the company’s stock worth $523,000 after purchasing an additional 47 shares during the last quarter. Crescent Sterling Ltd. lifted its holdings in SPDR S&P Aerospace & Defense ETF by 3.9% in the 4th quarter. Crescent Sterling Ltd. now owns 1,289 shares of the company’s stock worth $311,000 after purchasing an additional 48 shares during the last quarter. Oppenheimer & Co. Inc. lifted its holdings in SPDR S&P Aerospace & Defense ETF by 0.4% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 12,263 shares of the company’s stock worth $2,881,000 after purchasing an additional 51 shares during the last quarter. Finally, Great Valley Advisor Group Inc. lifted its holdings in SPDR S&P Aerospace & Defense ETF by 0.8% in the 2nd quarter. Great Valley Advisor Group Inc. now owns 6,193 shares of the company’s stock worth $1,306,000 after purchasing an additional 52 shares during the last quarter.

SPDR S&P Aerospace & Defense ETF Stock Performance

XAR opened at $265.40 on Monday. The business has a 50 day moving average price of $267.89 and a 200 day moving average price of $258.24. SPDR S&P Aerospace & Defense ETF has a twelve month low of $175.55 and a twelve month high of $295.39. The firm has a market cap of $6.07 billion, a P/E ratio of 35.83 and a beta of 0.98.

SPDR S&P Aerospace & Defense ETF Company Profile

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.