Evoke Wealth LLC Makes New Investment in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

Evoke Wealth LLC acquired a new stake in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 1,450 shares of the company’s stock, valued at approximately $203,000.

Several other large investors have also recently modified their holdings of the stock. Wulff Hansen & CO. purchased a new stake in SPDR S&P Aerospace & Defense ETF during the 2nd quarter valued at about $41,479,000. Fairfield Financial Advisors LTD purchased a new stake in shares of SPDR S&P Aerospace & Defense ETF during the second quarter valued at approximately $37,000. Envestnet Asset Management Inc. grew its holdings in shares of SPDR S&P Aerospace & Defense ETF by 8.3% in the second quarter. Envestnet Asset Management Inc. now owns 335,968 shares of the company’s stock worth $47,029,000 after purchasing an additional 25,649 shares during the last quarter. CoreCap Advisors LLC purchased a new position in shares of SPDR S&P Aerospace & Defense ETF in the second quarter worth $5,459,000. Finally, Scarborough Advisors LLC raised its holdings in SPDR S&P Aerospace & Defense ETF by 7.5% during the 2nd quarter. Scarborough Advisors LLC now owns 25,454 shares of the company’s stock valued at $3,563,000 after buying an additional 1,782 shares during the last quarter.

SPDR S&P Aerospace & Defense ETF Stock Up 1.0 %

Shares of XAR opened at $155.09 on Friday. The stock has a market capitalization of $2.33 billion, a P/E ratio of 30.33 and a beta of 0.85. SPDR S&P Aerospace & Defense ETF has a twelve month low of $108.32 and a twelve month high of $156.43. The firm has a fifty day simple moving average of $149.52 and a two-hundred day simple moving average of $143.14.

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.