Tempus Wealth Planning LLC Acquires New Position in SPDR S&P Aerospace & Defense ETF $XAR

Tempus Wealth Planning LLC acquired a new position in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) in the 2nd quarter, HoldingsChannel reports. The firm acquired 1,388 shares of the company’s stock, valued at approximately $293,000.

Several other institutional investors and hedge funds also recently bought and sold shares of XAR. Envestnet Asset Management Inc. raised its position in shares of SPDR S&P Aerospace & Defense ETF by 247.5% during the 1st quarter. Envestnet Asset Management Inc. now owns 225,642 shares of the company’s stock valued at $36,258,000 after buying an additional 160,704 shares during the period. Janney Montgomery Scott LLC increased its position in shares of SPDR S&P Aerospace & Defense ETF by 14.4% during the first quarter. Janney Montgomery Scott LLC now owns 8,101 shares of the company’s stock valued at $1,302,000 after acquiring an additional 1,018 shares during the last quarter. AE Wealth Management LLC raised its stake in shares of SPDR S&P Aerospace & Defense ETF by 15.9% in the 1st quarter. AE Wealth Management LLC now owns 1,100 shares of the company’s stock valued at $177,000 after acquiring an additional 151 shares during the period. Golden State Wealth Management LLC lifted its holdings in shares of SPDR S&P Aerospace & Defense ETF by 100.0% in the 1st quarter. Golden State Wealth Management LLC now owns 252 shares of the company’s stock worth $40,000 after acquiring an additional 126 shares during the last quarter. Finally, HighTower Advisors LLC boosted its position in shares of SPDR S&P Aerospace & Defense ETF by 17.3% during the first quarter. HighTower Advisors LLC now owns 16,800 shares of the company’s stock worth $2,700,000 after buying an additional 2,475 shares during the period.

SPDR S&P Aerospace & Defense ETF Price Performance

Shares of NYSEARCA:XAR opened at $230.33 on Monday. The firm has a market capitalization of $4.15 billion, a PE ratio of 35.83 and a beta of 1.09. The firm’s 50-day moving average is $219.11 and its two-hundred day moving average is $195.81. SPDR S&P Aerospace & Defense ETF has a 1 year low of $137.09 and a 1 year high of $231.45.

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.