Moors & Cabot Inc. Sells 2,411 Shares of SPDR S&P Aerospace & Defense ETF $XAR

Moors & Cabot Inc. lessened its holdings in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 42.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 3,293 shares of the company’s stock after selling 2,411 shares during the period. Moors & Cabot Inc.’s holdings in SPDR S&P Aerospace & Defense ETF were worth $794,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in XAR. CWM LLC raised its stake in SPDR S&P Aerospace & Defense ETF by 2,668.1% in the 4th quarter. CWM LLC now owns 206,667 shares of the company’s stock valued at $49,856,000 after acquiring an additional 199,201 shares during the period. Quadrature Capital Ltd acquired a new position in SPDR S&P Aerospace & Defense ETF in the 3rd quarter valued at $46,032,000. Robinhood Asset Management LLC acquired a new position in SPDR S&P Aerospace & Defense ETF in the 4th quarter valued at $35,579,000. BNP Paribas Financial Markets grew its holdings in SPDR S&P Aerospace & Defense ETF by 174.4% in the 3rd quarter. BNP Paribas Financial Markets now owns 122,530 shares of the company’s stock valued at $28,790,000 after buying an additional 77,870 shares in the last quarter. Finally, Raymond James Financial Inc. grew its holdings in SPDR S&P Aerospace & Defense ETF by 28.7% in the 3rd quarter. Raymond James Financial Inc. now owns 250,121 shares of the company’s stock valued at $58,768,000 after buying an additional 55,705 shares in the last quarter.

SPDR S&P Aerospace & Defense ETF Price Performance

Shares of NYSEARCA XAR opened at $288.00 on Monday. The stock’s fifty day moving average price is $265.54 and its two-hundred day moving average price is $261.31. SPDR S&P Aerospace & Defense ETF has a one year low of $188.52 and a one year high of $295.39. The firm has a market cap of $6.59 billion, a price-to-earnings ratio of 35.83 and a beta of 0.98.

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.