Invst LLC Acquires New Stake in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

Invst LLC acquired a new stake in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) in the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 1,881 shares of the company’s stock, valued at approximately $262,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Fairfield Financial Advisors LTD bought a new position in SPDR S&P Aerospace & Defense ETF during the 2nd quarter valued at approximately $37,000. Mather Group LLC. bought a new position in SPDR S&P Aerospace & Defense ETF during the 2nd quarter valued at approximately $49,000. GPS Wealth Strategies Group LLC increased its position in SPDR S&P Aerospace & Defense ETF by 43.9% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 459 shares of the company’s stock valued at $64,000 after buying an additional 140 shares in the last quarter. ORG Partners LLC bought a new position in SPDR S&P Aerospace & Defense ETF during the 2nd quarter valued at approximately $77,000. Finally, Pineridge Advisors LLC bought a new position in SPDR S&P Aerospace & Defense ETF during the 4th quarter valued at approximately $79,000.

SPDR S&P Aerospace & Defense ETF Trading Up 0.4 %

SPDR S&P Aerospace & Defense ETF stock opened at $157.34 on Tuesday. The firm has a market cap of $2.36 billion, a price-to-earnings ratio of 30.33 and a beta of 0.85. The stock has a fifty day simple moving average of $150.51 and a two-hundred day simple moving average of $143.72. SPDR S&P Aerospace & Defense ETF has a 12 month low of $108.32 and a 12 month high of $157.46.

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.