SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) Shares Sold by MML Investors Services LLC

MML Investors Services LLC decreased its stake in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 82.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,286 shares of the company’s stock after selling 65,685 shares during the quarter. MML Investors Services LLC’s holdings in SPDR S&P Aerospace & Defense ETF were worth $2,248,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. National Bank of Canada FI boosted its holdings in SPDR S&P Aerospace & Defense ETF by 9.5% in the 2nd quarter. National Bank of Canada FI now owns 818 shares of the company’s stock worth $114,000 after buying an additional 71 shares during the last quarter. Jaffetilchin Investment Partners LLC boosted its stake in shares of SPDR S&P Aerospace & Defense ETF by 2.1% in the second quarter. Jaffetilchin Investment Partners LLC now owns 3,512 shares of the company’s stock worth $492,000 after acquiring an additional 72 shares during the last quarter. Flagstar Advisors Inc. increased its position in shares of SPDR S&P Aerospace & Defense ETF by 1.4% during the third quarter. Flagstar Advisors Inc. now owns 5,667 shares of the company’s stock worth $892,000 after purchasing an additional 77 shares in the last quarter. Meixler Investment Management Ltd. raised its stake in SPDR S&P Aerospace & Defense ETF by 1.3% in the 3rd quarter. Meixler Investment Management Ltd. now owns 6,961 shares of the company’s stock valued at $1,095,000 after purchasing an additional 87 shares during the last quarter. Finally, Founders Financial Alliance LLC raised its stake in SPDR S&P Aerospace & Defense ETF by 5.0% in the 2nd quarter. Founders Financial Alliance LLC now owns 2,244 shares of the company’s stock valued at $314,000 after purchasing an additional 106 shares during the last quarter.

SPDR S&P Aerospace & Defense ETF Stock Up 1.9 %

Shares of XAR opened at $171.44 on Tuesday. SPDR S&P Aerospace & Defense ETF has a 52-week low of $126.56 and a 52-week high of $177.27. The stock has a market cap of $2.58 billion, a PE ratio of 30.33 and a beta of 0.85. The firm’s fifty day moving average is $165.44 and its two-hundred day moving average is $153.98.

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.