Evanson Asset Management LLC acquired a new stake in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR – Free Report) during the second quarter, according to its most recent disclosure with the SEC. The fund acquired 1,038 shares of the company’s stock, valued at approximately $219,000.
A number of other large investors also recently added to or reduced their stakes in the business. EWG Elevate Inc. purchased a new position in SPDR S&P Aerospace & Defense ETF in the 2nd quarter worth approximately $9,236,000. IMS Capital Management purchased a new position in SPDR S&P Aerospace & Defense ETF in the 2nd quarter worth approximately $240,000. Accurate Wealth Management LLC purchased a new position in SPDR S&P Aerospace & Defense ETF in the 2nd quarter worth approximately $517,000. Armstrong Advisory Group Inc. lifted its holdings in SPDR S&P Aerospace & Defense ETF by 355.2% in the 2nd quarter. Armstrong Advisory Group Inc. now owns 569 shares of the company’s stock worth $120,000 after purchasing an additional 444 shares in the last quarter. Finally, Flagstar Advisors Inc. lifted its holdings in SPDR S&P Aerospace & Defense ETF by 6.9% in the 2nd quarter. Flagstar Advisors Inc. now owns 5,862 shares of the company’s stock worth $1,236,000 after purchasing an additional 377 shares in the last quarter.
SPDR S&P Aerospace & Defense ETF Trading Down 1.6%
NYSEARCA XAR opened at $226.47 on Thursday. The stock’s 50 day moving average is $218.89 and its 200 day moving average is $194.33. SPDR S&P Aerospace & Defense ETF has a 12 month low of $137.09 and a 12 month high of $231.07. The stock has a market cap of $4.08 billion, a PE ratio of 35.83 and a beta of 1.09.
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.
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