SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) Shares Sold by Picton Mahoney Asset Management

Picton Mahoney Asset Management cut its holdings in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 76.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 300 shares of the company’s stock after selling 1,000 shares during the quarter. Picton Mahoney Asset Management’s holdings in SPDR S&P Aerospace & Defense ETF were worth $50,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Wilmington Savings Fund Society FSB acquired a new position in shares of SPDR S&P Aerospace & Defense ETF during the fourth quarter worth about $50,000. EverSource Wealth Advisors LLC increased its stake in shares of SPDR S&P Aerospace & Defense ETF by 1,685.0% during the fourth quarter. EverSource Wealth Advisors LLC now owns 357 shares of the company’s stock worth $59,000 after acquiring an additional 337 shares during the period. Values First Advisors Inc. acquired a new position in shares of SPDR S&P Aerospace & Defense ETF during the fourth quarter worth about $65,000. SRS Capital Advisors Inc. acquired a new position in shares of SPDR S&P Aerospace & Defense ETF during the fourth quarter worth about $66,000. Finally, Darwin Wealth Management LLC acquired a new position in shares of SPDR S&P Aerospace & Defense ETF during the third quarter worth about $70,000.

SPDR S&P Aerospace & Defense ETF Stock Up 2.0 %

Shares of SPDR S&P Aerospace & Defense ETF stock opened at $161.79 on Monday. SPDR S&P Aerospace & Defense ETF has a 52-week low of $131.78 and a 52-week high of $181.39. The company’s 50-day simple moving average is $168.87 and its 200-day simple moving average is $164.59. The firm has a market cap of $2.61 billion, a price-to-earnings ratio of 28.68 and a beta of 1.13.

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.