Kingswood Wealth Advisors LLC increased its holdings in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR – Free Report) by 5.7% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 1,954 shares of the company’s stock after acquiring an additional 105 shares during the quarter. Kingswood Wealth Advisors LLC’s holdings in SPDR S&P Aerospace & Defense ETF were worth $412,000 at the end of the most recent quarter.
Other hedge funds have also recently added to or reduced their stakes in the company. TD Capital Management LLC bought a new position in SPDR S&P Aerospace & Defense ETF during the 1st quarter worth approximately $29,000. Reyes Financial Architecture Inc. bought a new position in SPDR S&P Aerospace & Defense ETF during the 1st quarter worth approximately $32,000. Brentview Investment Management LLC bought a new position in SPDR S&P Aerospace & Defense ETF during the 1st quarter worth approximately $32,000. Zions Bancorporation National Association UT bought a new position in SPDR S&P Aerospace & Defense ETF during the 1st quarter worth approximately $32,000. Finally, Golden State Wealth Management LLC raised its holdings in SPDR S&P Aerospace & Defense ETF by 100.0% during the 1st 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 Stock Performance
SPDR S&P Aerospace & Defense ETF stock opened at $238.93 on Friday. SPDR S&P Aerospace & Defense ETF has a 52-week low of $137.09 and a 52-week high of $250.87. The firm has a 50 day moving average price of $223.60 and a two-hundred day moving average price of $200.58. The firm has a market cap of $4.53 billion, a price-to-earnings ratio of 35.83 and a beta of 1.09.
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.
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Want to see what other hedge funds are holding XAR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR – Free Report).
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