Planning Directions Inc. Decreases Stock Holdings in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

Planning Directions Inc. lowered its stake in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 3.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,572 shares of the company’s stock after selling 112 shares during the period. Planning Directions Inc.’s holdings in SPDR S&P Aerospace & Defense ETF were worth $484,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. LPL Financial LLC boosted its holdings in SPDR S&P Aerospace & Defense ETF by 13.5% during the third quarter. LPL Financial LLC now owns 843,623 shares of the company’s stock worth $94,570,000 after buying an additional 100,289 shares in the last quarter. Morgan Stanley boosted its holdings in SPDR S&P Aerospace & Defense ETF by 6.9% during the third quarter. Morgan Stanley now owns 604,862 shares of the company’s stock worth $67,805,000 after buying an additional 39,231 shares in the last quarter. Bank of America Corp DE boosted its holdings in SPDR S&P Aerospace & Defense ETF by 0.9% during the first quarter. Bank of America Corp DE now owns 564,948 shares of the company’s stock worth $66,048,000 after buying an additional 5,273 shares in the last quarter. BNP Paribas Arbitrage SA boosted its holdings in SPDR S&P Aerospace & Defense ETF by 39.9% during the first quarter. BNP Paribas Arbitrage SA now owns 351,282 shares of the company’s stock worth $43,798,000 after buying an additional 100,225 shares in the last quarter. Finally, UBS Group AG boosted its holdings in SPDR S&P Aerospace & Defense ETF by 60.8% during the first quarter. UBS Group AG now owns 226,415 shares of the company’s stock worth $28,230,000 after buying an additional 85,641 shares in the last quarter.

SPDR S&P Aerospace & Defense ETF Stock Performance

XAR stock traded up $0.13 during trading on Friday, reaching $132.23. 55,728 shares of the company were exchanged, compared to its average volume of 79,441. SPDR S&P Aerospace & Defense ETF has a 52-week low of $108.32 and a 52-week high of $142.78. The company has a market cap of $1.99 billion, a P/E ratio of 29.37 and a beta of 0.84. The stock’s 50 day moving average price is $136.83 and its 200 day moving average price is $129.61.

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.