Spectrum Wealth Advisory Group LLC Sells 27,317 Shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

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Spectrum Wealth Advisory Group LLC trimmed its position in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 65.3% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,512 shares of the company’s stock after selling 27,317 shares during the quarter. SPDR S&P Aerospace & Defense ETF accounts for approximately 3.1% of Spectrum Wealth Advisory Group LLC’s holdings, making the stock its 12th largest position. Spectrum Wealth Advisory Group LLC owned approximately 0.09% of SPDR S&P Aerospace & Defense ETF worth $1,504,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in XAR. Gradient Investments LLC bought a new position in shares of SPDR S&P Aerospace & Defense ETF during the 2nd quarter valued at $29,000. Tompkins Financial Corp purchased a new stake in shares of SPDR S&P Aerospace & Defense ETF in the 1st quarter worth $35,000. Migdal Insurance & Financial Holdings Ltd. purchased a new stake in shares of SPDR S&P Aerospace & Defense ETF in the 1st quarter worth $47,000. Steward Partners Investment Advisory LLC purchased a new stake in shares of SPDR S&P Aerospace & Defense ETF in the 2nd quarter worth $47,000. Finally, Marshall Wace LLP purchased a new stake in shares of SPDR S&P Aerospace & Defense ETF in the 1st quarter worth $49,000.

Shares of NYSEARCA:XAR traded down $0.30 during midday trading on Tuesday, hitting $104.96. The company had a trading volume of 1,250 shares, compared to its average volume of 143,031. SPDR S&P Aerospace & Defense ETF has a 12-month low of $73.23 and a 12-month high of $107.65. The company has a fifty day moving average of $104.80 and a two-hundred day moving average of $98.48.

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

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