SPDR S&P Aerospace & Defense ETF $XAR Position Increased by Teamwork Financial Advisors LLC

Teamwork Financial Advisors LLC increased its stake in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 13.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 84,616 shares of the company’s stock after purchasing an additional 9,714 shares during the period. SPDR S&P Aerospace & Defense ETF makes up approximately 2.2% of Teamwork Financial Advisors LLC’s portfolio, making the stock its 9th biggest holding. Teamwork Financial Advisors LLC owned approximately 0.37% of SPDR S&P Aerospace & Defense ETF worth $24,013,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. OFS Enterprise LLC bought a new position in SPDR S&P Aerospace & Defense ETF in the second quarter valued at $220,000. Mallini Complete Financial Planning LLC bought a new stake in SPDR S&P Aerospace & Defense ETF during the second quarter worth about $221,000. Evanson Financial LLC purchased a new position in shares of SPDR S&P Aerospace & Defense ETF in the 2nd quarter worth about $296,000. Dynamic Advisor Solutions LLC increased its position in shares of SPDR S&P Aerospace & Defense ETF by 13.3% during the 2nd quarter. Dynamic Advisor Solutions LLC now owns 1,495 shares of the company’s stock valued at $424,000 after purchasing an additional 176 shares during the last quarter. Finally, Pacific Excel Wealth Advisors Inc. purchased a new position in shares of SPDR S&P Aerospace & Defense ETF during the 2nd quarter valued at about $315,000.

SPDR S&P Aerospace & Defense ETF Price Performance

Shares of NYSEARCA XAR opened at $286.83 on Friday. The stock has a market capitalization of $6.49 billion, a P/E ratio of 35.83 and a beta of 1.01. SPDR S&P Aerospace & Defense ETF has a one year low of $208.77 and a one year high of $295.39. The firm’s 50 day simple moving average is $274.86 and its two-hundred day simple moving average is $272.39.

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.