Rinkey Investments Makes New $20.19 Million Investment in SPDR S&P Aerospace & Defense ETF $XAR

Rinkey Investments purchased a new stake in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund purchased 71,130 shares of the company’s stock, valued at approximately $20,186,000. SPDR S&P Aerospace & Defense ETF comprises 4.5% of Rinkey Investments’ investment portfolio, making the stock its 7th biggest holding.

Several other large investors have also added to or reduced their stakes in the company. Advocacy Wealth Management LLC acquired a new position in SPDR S&P Aerospace & Defense ETF in the 2nd quarter worth approximately $458,273,000. Corient Private Wealth LLC lifted its stake in SPDR S&P Aerospace & Defense ETF by 2,023.8% during the 4th quarter. Corient Private Wealth LLC now owns 513,629 shares of the company’s stock valued at $123,908,000 after acquiring an additional 489,444 shares during the period. Piedmont Capital Management LLC acquired a new stake in SPDR S&P Aerospace & Defense ETF during the 2nd quarter valued at approximately $26,305,000. BNP Paribas Financial Markets boosted its holdings in shares of SPDR S&P Aerospace & Defense ETF by 174.4% in the 3rd quarter. BNP Paribas Financial Markets now owns 122,530 shares of the company’s stock valued at $28,790,000 after acquiring an additional 77,870 shares during the last quarter. Finally, LPL Financial LLC boosted its holdings in shares of SPDR S&P Aerospace & Defense ETF by 5.6% in the 4th quarter. LPL Financial LLC now owns 1,286,887 shares of the company’s stock valued at $310,449,000 after acquiring an additional 68,722 shares during the last quarter.

SPDR S&P Aerospace & Defense ETF Price Performance

NYSEARCA:XAR opened at $256.52 on Tuesday. The firm has a market capitalization of $5.80 billion, a P/E ratio of 35.83 and a beta of 1.01. SPDR S&P Aerospace & Defense ETF has a 1-year low of $211.80 and a 1-year high of $297.79. The company’s fifty day moving average price is $274.86 and its 200-day moving average price is $272.45.

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.