Stratos Wealth Partners LTD. Increases Stock Position in SPDR S&P Aerospace & Defense ETF $XAR

Stratos Wealth Partners LTD. grew its stake in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 1.4% in the 2nd quarter, Holdings Channel.com reports. The fund owned 15,481 shares of the company’s stock after acquiring an additional 220 shares during the period. Stratos Wealth Partners LTD.’s holdings in SPDR S&P Aerospace & Defense ETF were worth $3,266,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of XAR. TD Capital Management LLC bought a new position in shares of SPDR S&P Aerospace & Defense ETF during the first quarter valued at $29,000. Reyes Financial Architecture Inc. purchased a new position in SPDR S&P Aerospace & Defense ETF in the first quarter worth about $32,000. Brentview Investment Management LLC purchased a new position in SPDR S&P Aerospace & Defense ETF in the first quarter worth about $32,000. Zions Bancorporation National Association UT purchased a new position in SPDR S&P Aerospace & Defense ETF in the first quarter worth about $32,000. Finally, Golden State Wealth Management LLC boosted its position in SPDR S&P Aerospace & Defense ETF by 100.0% in the first quarter. Golden State Wealth Management LLC now owns 252 shares of the company’s stock worth $40,000 after purchasing an additional 126 shares during the last quarter.

SPDR S&P Aerospace & Defense ETF Trading Down 1.1%

Shares of NYSEARCA:XAR opened at $235.42 on Monday. The stock has a 50 day moving average of $226.08 and a 200 day moving average of $203.86. The company has a market cap of $4.50 billion, a PE ratio of 35.83 and a beta of 1.09. SPDR S&P Aerospace & Defense ETF has a 12-month low of $137.09 and a 12-month high of $251.24.

SPDR S&P Aerospace & Defense ETF 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.