Creative Financial Designs Inc. ADV Lowers Stake in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

Creative Financial Designs Inc. ADV lessened its stake in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 22.2% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 1,469 shares of the company’s stock after selling 418 shares during the period. Creative Financial Designs Inc. ADV’s holdings in SPDR S&P Aerospace & Defense ETF were worth $231,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in XAR. LPL Financial LLC increased its stake in SPDR S&P Aerospace & Defense ETF by 2.7% during the second quarter. LPL Financial LLC now owns 1,065,669 shares of the company’s stock worth $149,172,000 after purchasing an additional 28,069 shares during the period. Envestnet Asset Management Inc. increased its stake in SPDR S&P Aerospace & Defense ETF by 8.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 335,968 shares of the company’s stock worth $47,029,000 after buying an additional 25,649 shares during the period. Wulff Hansen & CO. acquired a new stake in SPDR S&P Aerospace & Defense ETF during the 2nd quarter worth approximately $41,479,000. Howard Capital Management Group LLC boosted its position in SPDR S&P Aerospace & Defense ETF by 21.1% in the 3rd quarter. Howard Capital Management Group LLC now owns 179,472 shares of the company’s stock valued at $28,238,000 after buying an additional 31,277 shares during the period. Finally, Commonwealth Equity Services LLC boosted its position in SPDR S&P Aerospace & Defense ETF by 1.0% in the 2nd quarter. Commonwealth Equity Services LLC now owns 121,818 shares of the company’s stock valued at $17,052,000 after buying an additional 1,221 shares during the period.

SPDR S&P Aerospace & Defense ETF Trading Up 0.8 %

SPDR S&P Aerospace & Defense ETF stock opened at $154.98 on Monday. The firm has a market capitalization of $2.33 billion, a P/E ratio of 30.33 and a beta of 0.85. SPDR S&P Aerospace & Defense ETF has a twelve month low of $117.62 and a twelve month high of $164.88. The stock’s fifty day simple moving average is $156.22 and its 200-day simple moving average is $147.63.

About SPDR S&P Aerospace & Defense ETF

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.