Silverleafe Capital Partners LLC Invests $4.41 Million in SPDR S&P Aerospace & Defense ETF $XAR

Silverleafe Capital Partners LLC bought a new stake in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 15,543 shares of the company’s stock, valued at approximately $4,411,000. SPDR S&P Aerospace & Defense ETF comprises 1.2% of Silverleafe Capital Partners LLC’s investment portfolio, making the stock its 20th largest holding. Silverleafe Capital Partners LLC owned about 0.07% of SPDR S&P Aerospace & Defense ETF as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Pinnacle Wealth Management Advisory Group LLC raised its holdings in SPDR S&P Aerospace & Defense ETF by 2.0% during the 1st quarter. Pinnacle Wealth Management Advisory Group LLC now owns 2,322 shares of the company’s stock worth $590,000 after buying an additional 45 shares during the period. Pacific Sun Financial Corp boosted its holdings in shares of SPDR S&P Aerospace & Defense ETF by 0.3% in the first quarter. Pacific Sun Financial Corp now owns 17,910 shares of the company’s stock worth $4,549,000 after buying an additional 45 shares during the period. Acorn Financial Advisory Services Inc. ADV boosted its holdings in shares of SPDR S&P Aerospace & Defense ETF by 2.2% in the fourth quarter. Acorn Financial Advisory Services Inc. ADV now owns 2,169 shares of the company’s stock worth $523,000 after buying an additional 47 shares during the period. O Shaughnessy Asset Management LLC increased its position in shares of SPDR S&P Aerospace & Defense ETF by 12.5% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 423 shares of the company’s stock worth $102,000 after acquiring an additional 47 shares in the last quarter. Finally, Meridian Wealth Management LLC increased its position in shares of SPDR S&P Aerospace & Defense ETF by 1.5% in the fourth quarter. Meridian Wealth Management LLC now owns 3,319 shares of the company’s stock worth $801,000 after acquiring an additional 49 shares in the last quarter.

SPDR S&P Aerospace & Defense ETF Price Performance

XAR stock opened at $273.63 on Tuesday. The firm has a market capitalization of $6.19 billion, a P/E ratio of 35.83 and a beta of 1.00. SPDR S&P Aerospace & Defense ETF has a 52-week low of $208.77 and a 52-week high of $295.39. The company’s 50 day simple moving average is $274.84 and its 200-day simple moving average is $272.43.

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.