AE Wealth Management LLC Trims Stock Position in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

AE Wealth Management LLC cut its holdings in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 4.9% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 14,634 shares of the company’s stock after selling 750 shares during the quarter. AE Wealth Management LLC’s holdings in SPDR S&P Aerospace & Defense ETF were worth $1,563,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in XAR. BNP Paribas Arbitrage SA purchased a new position in SPDR S&P Aerospace & Defense ETF during the second quarter worth about $36,372,000. Niemann Capital Management Inc. acquired a new stake in SPDR S&P Aerospace & Defense ETF during the second quarter worth about $11,977,000. HBK Investments L P acquired a new stake in SPDR S&P Aerospace & Defense ETF during the second quarter worth about $6,240,000. Envestnet Asset Management Inc. increased its stake in SPDR S&P Aerospace & Defense ETF by 737.5% during the third quarter. Envestnet Asset Management Inc. now owns 61,672 shares of the company’s stock worth $6,588,000 after acquiring an additional 54,308 shares during the last quarter. Finally, Brookstone Capital Management acquired a new stake in SPDR S&P Aerospace & Defense ETF during the second quarter worth about $4,655,000.

Shares of NYSEARCA:XAR opened at $111.64 on Friday. The business has a 50-day moving average of $106.00 and a two-hundred day moving average of $103.79. SPDR S&P Aerospace & Defense ETF has a 12 month low of $73.23 and a 12 month high of $112.29.

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Institutional Ownership by Quarter for SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

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