Baker Ellis Asset Management LLC Sells 200 Shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

Baker Ellis Asset Management LLC decreased its holdings in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 4.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,480 shares of the company’s stock after selling 200 shares during the period. Baker Ellis Asset Management LLC’s holdings in SPDR S&P Aerospace & Defense ETF were worth $743,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in XAR. Howard Capital Management Group LLC raised its stake in shares of SPDR S&P Aerospace & Defense ETF by 21.1% in the third quarter. Howard Capital Management Group LLC now owns 179,472 shares of the company’s stock valued at $28,238,000 after acquiring an additional 31,277 shares during the last quarter. Bank of Montreal Can increased its holdings in shares of SPDR S&P Aerospace & Defense ETF by 1,273.8% in the third quarter. Bank of Montreal Can now owns 29,179 shares of the company’s stock valued at $4,575,000 after purchasing an additional 27,055 shares in the last quarter. Foundations Investment Advisors LLC increased its holdings in shares of SPDR S&P Aerospace & Defense ETF by 416.1% in the third quarter. Foundations Investment Advisors LLC now owns 30,850 shares of the company’s stock valued at $4,854,000 after purchasing an additional 24,872 shares in the last quarter. PNC Financial Services Group Inc. grew its holdings in SPDR S&P Aerospace & Defense ETF by 20.7% during the 3rd quarter. PNC Financial Services Group Inc. now owns 142,454 shares of the company’s stock worth $22,414,000 after acquiring an additional 24,404 shares during the period. Finally, NewEdge Advisors LLC grew its holdings in SPDR S&P Aerospace & Defense ETF by 1,234.2% during the 2nd quarter. NewEdge Advisors LLC now owns 13,942 shares of the company’s stock worth $1,952,000 after acquiring an additional 12,897 shares during the period.

SPDR S&P Aerospace & Defense ETF Stock Performance

XAR opened at $179.09 on Thursday. The company has a fifty day moving average price of $169.39 and a two-hundred day moving average price of $158.94. The firm has a market capitalization of $2.69 billion, a PE ratio of 30.33 and a beta of 0.85. SPDR S&P Aerospace & Defense ETF has a 52 week low of $127.75 and a 52 week high of $180.76.

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.