SPDR S&P Aerospace & Defense ETF $XAR Shares Sold by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. lessened its holdings in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 6.4% in the second quarter, HoldingsChannel reports. The fund owned 125,170 shares of the company’s stock after selling 8,596 shares during the period. PNC Financial Services Group Inc.’s holdings in SPDR S&P Aerospace & Defense ETF were worth $26,403,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of XAR. LPL Financial LLC lifted its holdings in SPDR S&P Aerospace & Defense ETF by 1.0% in the first quarter. LPL Financial LLC now owns 1,202,709 shares of the company’s stock worth $193,263,000 after purchasing an additional 12,045 shares during the period. Howard Capital Management Group LLC lifted its stake in shares of SPDR S&P Aerospace & Defense ETF by 0.7% in the 2nd quarter. Howard Capital Management Group LLC now owns 188,672 shares of the company’s stock worth $39,798,000 after acquiring an additional 1,301 shares during the period. Raymond James Financial Inc. increased its stake in shares of SPDR S&P Aerospace & Defense ETF by 26.0% during the first quarter. Raymond James Financial Inc. now owns 168,110 shares of the company’s stock valued at $27,014,000 after acquiring an additional 34,722 shares during the period. Affinity Wealth Management LLC acquired a new stake in SPDR S&P Aerospace & Defense ETF in the second quarter worth approximately $33,947,000. Finally, Commonwealth Equity Services LLC boosted its stake in SPDR S&P Aerospace & Defense ETF by 12.5% during the 1st quarter. Commonwealth Equity Services LLC now owns 150,743 shares of the company’s stock valued at $24,223,000 after purchasing an additional 16,706 shares in the last quarter.

SPDR S&P Aerospace & Defense ETF Stock Up 0.4%

Shares of XAR stock opened at $228.04 on Friday. The stock has a 50-day simple moving average of $235.99 and a 200 day simple moving average of $214.86. The stock has a market capitalization of $4.45 billion, a P/E ratio of 35.83 and a beta of 1.13. SPDR S&P Aerospace & Defense ETF has a fifty-two week low of $137.09 and a fifty-two week high of $254.09.

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.