Wealthfront Advisers LLC Has $8.41 Million Stock Holdings in SPDR S&P Aerospace & Defense ETF $XAR

Wealthfront Advisers LLC grew its stake in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 23.0% in the 1st quarter, Holdings Channel.com reports. The fund owned 33,116 shares of the company’s stock after purchasing an additional 6,191 shares during the quarter. Wealthfront Advisers LLC’s holdings in SPDR S&P Aerospace & Defense ETF were worth $8,411,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of XAR. Turtle Creek Wealth Advisors LLC bought a new stake in SPDR S&P Aerospace & Defense ETF during the first quarter worth about $28,000. Strive Financial Group LLC acquired a new position in SPDR S&P Aerospace & Defense ETF during the fourth quarter valued at approximately $30,000. Darwin Wealth Management LLC acquired a new position in SPDR S&P Aerospace & Defense ETF during the second quarter valued at approximately $43,000. Key Financial Inc bought a new position in SPDR S&P Aerospace & Defense ETF in the fourth quarter valued at approximately $50,000. Finally, Assetmark Inc. grew its stake in SPDR S&P Aerospace & Defense ETF by 121.8% in the fourth quarter. Assetmark Inc. now owns 244 shares of the company’s stock valued at $59,000 after purchasing an additional 134 shares in the last quarter.

SPDR S&P Aerospace & Defense ETF Stock Down 0.2%

NYSEARCA:XAR opened at $258.57 on Friday. The firm has a market capitalization of $5.84 billion, a price-to-earnings ratio of 35.83 and a beta of 1.00. SPDR S&P Aerospace & Defense ETF has a twelve month low of $208.77 and a twelve month high of $295.39. The stock’s 50 day moving average price is $274.95 and its two-hundred day moving average price is $271.82.

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.