Great Valley Advisor Group Inc. Has $1.04 Million Holdings in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

Great Valley Advisor Group Inc. lessened its holdings in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 52.9% during the second quarter, HoldingsChannel.com reports. The firm owned 7,432 shares of the company’s stock after selling 8,345 shares during the quarter. Great Valley Advisor Group Inc.’s holdings in SPDR S&P Aerospace & Defense ETF were worth $1,041,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. FLC Capital Advisors grew its position in shares of SPDR S&P Aerospace & Defense ETF by 0.3% during the 2nd quarter. FLC Capital Advisors now owns 36,164 shares of the company’s stock worth $5,062,000 after purchasing an additional 122 shares in the last quarter. Fifth Third Securities Inc. bought a new stake in shares of SPDR S&P Aerospace & Defense ETF during the 2nd quarter worth approximately $360,000. Retirement Planning Group LLC bought a new stake in shares of SPDR S&P Aerospace & Defense ETF during the 2nd quarter worth approximately $5,559,000. Optimum Investment Advisors lifted its holdings in shares of SPDR S&P Aerospace & Defense ETF by 14.9% during the 2nd quarter. Optimum Investment Advisors now owns 1,156 shares of the company’s stock worth $162,000 after acquiring an additional 150 shares during the period. Finally, Worth Asset Management LLC lifted its holdings in shares of SPDR S&P Aerospace & Defense ETF by 2.1% during the 2nd quarter. Worth Asset Management LLC now owns 5,246 shares of the company’s stock worth $734,000 after acquiring an additional 110 shares during the period.

SPDR S&P Aerospace & Defense ETF Stock Performance

Shares of SPDR S&P Aerospace & Defense ETF stock traded up $0.61 on Wednesday, reaching $148.03. 27,424 shares of the stock were exchanged, compared to its average volume of 75,672. The firm’s 50 day moving average is $143.49 and its 200-day moving average is $139.60. SPDR S&P Aerospace & Defense ETF has a one year low of $108.32 and a one year high of $152.31. The firm has a market cap of $2.22 billion, a PE ratio of 30.33 and a beta of 0.85.

SPDR S&P Aerospace & Defense ETF 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.