WJ Wealth Management LLC Reduces Position in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

WJ Wealth Management LLC cut its stake in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 12.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 6,100 shares of the company’s stock after selling 900 shares during the period. WJ Wealth Management LLC’s holdings in SPDR S&P Aerospace & Defense ETF were worth $1,012,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of XAR. Journey Strategic Wealth LLC raised its holdings in SPDR S&P Aerospace & Defense ETF by 23.6% in the fourth quarter. Journey Strategic Wealth LLC now owns 1,688 shares of the company’s stock valued at $280,000 after acquiring an additional 322 shares in the last quarter. Total Clarity Wealth Management Inc. acquired a new stake in shares of SPDR S&P Aerospace & Defense ETF during the fourth quarter worth about $204,000. Saxony Capital Management LLC purchased a new position in shares of SPDR S&P Aerospace & Defense ETF in the 4th quarter valued at approximately $217,000. Crews Bank & Trust purchased a new position in SPDR S&P Aerospace & Defense ETF during the 4th quarter worth $321,000. Finally, Mayflower Financial Advisors LLC acquired a new stake in shares of SPDR S&P Aerospace & Defense ETF in the 4th quarter worth $349,000.

SPDR S&P Aerospace & Defense ETF Stock Down 0.3 %

Shares of NYSEARCA XAR opened at $174.87 on Tuesday. The stock has a market capitalization of $2.63 billion, a price-to-earnings 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 $181.38. The firm has a 50-day moving average price of $170.73 and a 200 day moving average price of $160.76.

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.