SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) Shares Sold by Redhawk Wealth Advisors Inc.

Redhawk Wealth Advisors Inc. lowered its holdings in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 59.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,327 shares of the company’s stock after selling 3,353 shares during the period. Redhawk Wealth Advisors Inc.’s holdings in SPDR S&P Aerospace & Defense ETF were worth $366,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Wulff Hansen & CO. bought a new position in shares of SPDR S&P Aerospace & Defense ETF in the second quarter valued at $41,479,000. Global Assets Advisory LLC purchased a new position in SPDR S&P Aerospace & Defense ETF in the 1st quarter worth about $15,635,000. Strategic Financial Concepts LLC increased its stake in SPDR S&P Aerospace & Defense ETF by 2,746.3% in the 2nd quarter. Strategic Financial Concepts LLC now owns 85,674 shares of the company’s stock worth $120,000 after purchasing an additional 82,664 shares in the last quarter. Cetera Investment Advisers raised its holdings in SPDR S&P Aerospace & Defense ETF by 278.1% during the 1st quarter. Cetera Investment Advisers now owns 87,630 shares of the company’s stock worth $12,313,000 after buying an additional 64,451 shares during the period. Finally, Retirement Planning Group LLC purchased a new stake in SPDR S&P Aerospace & Defense ETF during the second quarter valued at about $5,559,000.

SPDR S&P Aerospace & Defense ETF Price Performance

SPDR S&P Aerospace & Defense ETF stock opened at $160.96 on Tuesday. SPDR S&P Aerospace & Defense ETF has a fifty-two week low of $111.86 and a fifty-two week high of $161.05. The firm’s 50 day simple moving average is $153.10 and its 200-day simple moving average is $145.29. The company has a market cap of $2.42 billion, a P/E ratio of 30.33 and a beta of 0.85.

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.