Verity Asset Management Inc. Sells 120 Shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

Verity Asset Management Inc. decreased its stake in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 6.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,662 shares of the company’s stock after selling 120 shares during the period. Verity Asset Management Inc.’s holdings in SPDR S&P Aerospace & Defense ETF were worth $261,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in XAR. Fairfield Financial Advisors LTD bought a new stake in shares of SPDR S&P Aerospace & Defense ETF during the 2nd quarter valued at $37,000. Mather Group LLC. bought a new stake in shares of SPDR S&P Aerospace & Defense ETF during the 2nd quarter valued at $49,000. GPS Wealth Strategies Group LLC raised its position in shares of SPDR S&P Aerospace & Defense ETF by 43.9% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 459 shares of the company’s stock valued at $64,000 after purchasing an additional 140 shares during the period. ORG Partners LLC bought a new stake in shares of SPDR S&P Aerospace & Defense ETF during the 2nd quarter valued at $77,000. Finally, National Bank of Canada FI raised its position in shares of SPDR S&P Aerospace & Defense ETF by 9.5% during the 2nd quarter. National Bank of Canada FI now owns 818 shares of the company’s stock valued at $114,000 after purchasing an additional 71 shares during the period.

SPDR S&P Aerospace & Defense ETF Price Performance

Shares of XAR stock opened at $168.41 on Friday. The company has a market capitalization of $2.53 billion, a price-to-earnings ratio of 30.33 and a beta of 0.85. SPDR S&P Aerospace & Defense ETF has a one year low of $119.12 and a one year high of $169.10. The company’s fifty day moving average price is $156.98 and its 200-day moving average price is $148.43.

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.