Joseph P. Lucia & Associates LLC Decreases Holdings in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

Joseph P. Lucia & Associates LLC lowered its stake in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 17.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,506 shares of the company’s stock after selling 320 shares during the period. Joseph P. Lucia & Associates LLC’s holdings in SPDR S&P Aerospace & Defense ETF were worth $250,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. raised its holdings in SPDR S&P Aerospace & Defense ETF by 31.9% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 23,922 shares of the company’s stock valued at $3,349,000 after buying an additional 5,785 shares during the period. NewEdge Advisors LLC increased its stake in shares of SPDR S&P Aerospace & Defense ETF by 1,234.2% during the second quarter. NewEdge Advisors LLC now owns 13,942 shares of the company’s stock valued at $1,952,000 after buying an additional 12,897 shares during the period. Invst LLC bought a new position in shares of SPDR S&P Aerospace & Defense ETF during the second quarter valued at approximately $262,000. Regal Investment Advisors LLC grew its stake in SPDR S&P Aerospace & Defense ETF by 5.4% in the second quarter. Regal Investment Advisors LLC now owns 2,344 shares of the company’s stock valued at $328,000 after purchasing an additional 121 shares during the last quarter. Finally, Gateway Wealth Partners LLC purchased a new position in SPDR S&P Aerospace & Defense ETF during the 2nd quarter worth $234,000.

SPDR S&P Aerospace & Defense ETF Stock Performance

Shares of NYSEARCA XAR opened at $174.90 on Tuesday. The company’s fifty day moving average price is $170.13 and its 200 day moving average price is $159.75. SPDR S&P Aerospace & Defense ETF has a 1 year low of $127.75 and a 1 year high of $181.38. The company has a market capitalization of $2.63 billion, a PE 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.