SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) Shares Sold by BNP Paribas Financial Markets

BNP Paribas Financial Markets reduced its stake in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 64.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,996 shares of the company’s stock after selling 25,000 shares during the quarter. BNP Paribas Financial Markets owned about 0.09% of SPDR S&P Aerospace & Defense ETF worth $2,202,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of XAR. LPL Financial LLC boosted its holdings in shares of SPDR S&P Aerospace & Defense ETF by 2.7% in the second quarter. LPL Financial LLC now owns 1,065,669 shares of the company’s stock valued at $149,172,000 after acquiring an additional 28,069 shares during the period. Envestnet Asset Management Inc. raised its position in SPDR S&P Aerospace & Defense ETF by 8.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 335,968 shares of the company’s stock valued at $47,029,000 after purchasing an additional 25,649 shares during the last quarter. Wulff Hansen & CO. acquired a new stake in SPDR S&P Aerospace & Defense ETF during the 2nd quarter worth $41,479,000. Howard Capital Management Group LLC grew its position in SPDR S&P Aerospace & Defense ETF by 21.1% during the 3rd quarter. Howard Capital Management Group LLC now owns 179,472 shares of the company’s stock worth $28,238,000 after purchasing an additional 31,277 shares during the last quarter. Finally, PNC Financial Services Group Inc. increased its stake in SPDR S&P Aerospace & Defense ETF by 20.7% in the third quarter. PNC Financial Services Group Inc. now owns 142,454 shares of the company’s stock valued at $22,414,000 after purchasing an additional 24,404 shares during the period.

SPDR S&P Aerospace & Defense ETF Stock Performance

Shares of NYSEARCA:XAR opened at $171.76 on Friday. SPDR S&P Aerospace & Defense ETF has a one year low of $126.56 and a one year high of $177.27. The stock has a market capitalization of $2.58 billion, a price-to-earnings ratio of 30.33 and a beta of 0.85. The company has a 50-day simple moving average of $164.23 and a 200-day simple moving average of $152.75.

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.