Prosperity Financial Group Inc. Reduces Holdings in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

Prosperity Financial Group Inc. cut its stake in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 4.5% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,428 shares of the company’s stock after selling 67 shares during the quarter. Prosperity Financial Group Inc.’s holdings in SPDR S&P Aerospace & Defense ETF were worth $225,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of the stock. National Bank of Canada FI boosted its holdings in 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 acquiring an additional 71 shares during the period. Jaffetilchin Investment Partners LLC lifted its holdings in SPDR S&P Aerospace & Defense ETF by 2.1% in the 2nd quarter. Jaffetilchin Investment Partners LLC now owns 3,512 shares of the company’s stock worth $492,000 after buying an additional 72 shares during the period. Flagstar Advisors Inc. lifted its holdings in SPDR S&P Aerospace & Defense ETF by 1.4% in the 3rd quarter. Flagstar Advisors Inc. now owns 5,667 shares of the company’s stock worth $892,000 after buying an additional 77 shares during the period. Meixler Investment Management Ltd. lifted its holdings in SPDR S&P Aerospace & Defense ETF by 1.3% in the 3rd quarter. Meixler Investment Management Ltd. now owns 6,961 shares of the company’s stock worth $1,095,000 after buying an additional 87 shares during the period. Finally, Founders Financial Alliance LLC lifted its holdings in SPDR S&P Aerospace & Defense ETF by 5.0% in the 2nd quarter. Founders Financial Alliance LLC now owns 2,244 shares of the company’s stock worth $314,000 after buying an additional 106 shares during the period.

SPDR S&P Aerospace & Defense ETF Stock Performance

NYSEARCA XAR opened at $172.56 on Monday. SPDR S&P Aerospace & Defense ETF has a fifty-two week low of $125.31 and a fifty-two week high of $175.28. The stock has a 50 day simple moving average of $160.45 and a two-hundred day simple moving average of $150.74. The stock has a market cap of $2.59 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.