Picton Mahoney Asset Management Decreases Position in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

Picton Mahoney Asset Management reduced its position in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 76.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 300 shares of the company’s stock after selling 1,000 shares during the period. Picton Mahoney Asset Management’s holdings in SPDR S&P Aerospace & Defense ETF were worth $50,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Wilmington Savings Fund Society FSB purchased a new stake in shares of SPDR S&P Aerospace & Defense ETF during the 4th quarter worth $50,000. EverSource Wealth Advisors LLC lifted its position in shares of SPDR S&P Aerospace & Defense ETF by 1,685.0% during the 4th quarter. EverSource Wealth Advisors LLC now owns 357 shares of the company’s stock worth $59,000 after purchasing an additional 337 shares during the last quarter. Values First Advisors Inc. purchased a new stake in shares of SPDR S&P Aerospace & Defense ETF during the 4th quarter worth $65,000. SRS Capital Advisors Inc. purchased a new stake in shares of SPDR S&P Aerospace & Defense ETF during the 4th quarter worth $66,000. Finally, Darwin Wealth Management LLC purchased a new stake in shares of SPDR S&P Aerospace & Defense ETF during the 3rd quarter worth $70,000.

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

SPDR S&P Aerospace & Defense ETF stock opened at $161.79 on Monday. The stock has a market cap of $2.61 billion, a P/E ratio of 28.68 and a beta of 1.13. The company has a fifty day simple moving average of $168.87 and a 200-day simple moving average of $164.59. SPDR S&P Aerospace & Defense ETF has a 12-month low of $131.78 and a 12-month high of $181.39.

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.