Buska Wealth Management LLC Sells 4,741 Shares of SPDR S&P Aerospace & Defense ETF $XAR

Buska Wealth Management LLC reduced its position in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 28.2% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,076 shares of the company’s stock after selling 4,741 shares during the period. SPDR S&P Aerospace & Defense ETF accounts for about 1.2% of Buska Wealth Management LLC’s investment portfolio, making the stock its 18th biggest position. Buska Wealth Management LLC owned about 0.05% of SPDR S&P Aerospace & Defense ETF worth $3,427,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. CWM LLC grew its holdings in shares of SPDR S&P Aerospace & Defense ETF by 2,668.1% in the fourth quarter. CWM LLC now owns 206,667 shares of the company’s stock valued at $49,856,000 after purchasing an additional 199,201 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its stake in SPDR S&P Aerospace & Defense ETF by 1,737.5% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 29,400 shares of the company’s stock valued at $7,092,000 after purchasing an additional 27,800 shares in the last quarter. PNC Financial Services Group Inc. lifted its position in SPDR S&P Aerospace & Defense ETF by 2.8% during the fourth quarter. PNC Financial Services Group Inc. now owns 128,716 shares of the company’s stock valued at $31,051,000 after purchasing an additional 3,558 shares during the last quarter. U.S. Capital Wealth Advisors LLC lifted its position in SPDR S&P Aerospace & Defense ETF by 137.9% during the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 6,667 shares of the company’s stock valued at $1,608,000 after purchasing an additional 3,865 shares during the last quarter. Finally, Sanctuary Advisors LLC grew its stake in shares of SPDR S&P Aerospace & Defense ETF by 153.2% in the 4th quarter. Sanctuary Advisors LLC now owns 14,457 shares of the company’s stock worth $3,488,000 after buying an additional 8,747 shares in the last quarter.

SPDR S&P Aerospace & Defense ETF Stock Up 1.4%

SPDR S&P Aerospace & Defense ETF stock opened at $292.33 on Wednesday. The company’s 50-day moving average price is $275.28 and its 200-day moving average price is $272.32. SPDR S&P Aerospace & Defense ETF has a twelve month low of $208.77 and a twelve month high of $295.39. The company has a market cap of $6.61 billion, a PE ratio of 35.83 and a beta of 1.01.

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.