SPDR S&P Aerospace & Defense ETF $XAR Shares Sold by Kraematon Investment Advisors Inc.

Kraematon Investment Advisors Inc. decreased its holdings in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 3.4% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,428 shares of the company’s stock after selling 50 shares during the quarter. Kraematon Investment Advisors Inc.’s holdings in SPDR S&P Aerospace & Defense ETF were worth $301,000 as of its most recent filing with the SEC.

Several other institutional investors also recently made changes to their positions in XAR. Wealth Enhancement Advisory Services LLC increased its holdings in shares of SPDR S&P Aerospace & Defense ETF by 6.0% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 10,183 shares of the company’s stock valued at $1,689,000 after purchasing an additional 578 shares in the last quarter. Magnus Financial Group LLC purchased a new position in SPDR S&P Aerospace & Defense ETF in the first quarter valued at about $263,000. OLD National Bancorp IN acquired a new stake in shares of SPDR S&P Aerospace & Defense ETF during the 1st quarter valued at approximately $932,000. Farther Finance Advisors LLC lifted its position in shares of SPDR S&P Aerospace & Defense ETF by 421.5% during the 1st quarter. Farther Finance Advisors LLC now owns 2,086 shares of the company’s stock valued at $338,000 after acquiring an additional 1,686 shares during the period. Finally, MADDEN SECURITIES Corp purchased a new stake in shares of SPDR S&P Aerospace & Defense ETF during the 1st quarter worth approximately $1,061,000.

SPDR S&P Aerospace & Defense ETF Price Performance

XAR opened at $240.67 on Friday. SPDR S&P Aerospace & Defense ETF has a 1-year low of $137.09 and a 1-year high of $242.00. The stock has a market cap of $4.48 billion, a P/E ratio of 35.83 and a beta of 1.09. The stock’s 50 day simple moving average is $220.82 and its 200 day simple moving average is $198.10.

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.