Mutual Advisors LLC grew its holdings in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR – Free Report) by 16.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 4,124 shares of the company’s stock after purchasing an additional 578 shares during the quarter. Mutual Advisors LLC’s holdings in SPDR S&P Aerospace & Defense ETF were worth $909,000 at the end of the most recent reporting period.
A number of other institutional investors also recently added to or reduced their stakes in XAR. Affinity Wealth Management LLC acquired a new position in SPDR S&P Aerospace & Defense ETF during the 2nd quarter worth approximately $33,947,000. Envestnet Asset Management Inc. grew its holdings in SPDR S&P Aerospace & Defense ETF by 247.5% during the 1st quarter. Envestnet Asset Management Inc. now owns 225,642 shares of the company’s stock worth $36,258,000 after acquiring an additional 160,704 shares in the last quarter. Marks Wealth LLC acquired a new position in SPDR S&P Aerospace & Defense ETF during the 2nd quarter worth approximately $23,715,000. Stonebridge Financial Group LLC grew its holdings in SPDR S&P Aerospace & Defense ETF by 18,876.7% during the 2nd quarter. Stonebridge Financial Group LLC now owns 68,316 shares of the company’s stock worth $14,411,000 after acquiring an additional 67,956 shares in the last quarter. Finally, SMI Advisory Services LLC acquired a new position in SPDR S&P Aerospace & Defense ETF during the 2nd quarter worth approximately $9,868,000.
SPDR S&P Aerospace & Defense ETF Stock Down 1.1%
NYSEARCA XAR opened at $235.42 on Friday. SPDR S&P Aerospace & Defense ETF has a 52 week low of $137.09 and a 52 week high of $251.24. The stock has a market capitalization of $4.50 billion, a PE ratio of 35.83 and a beta of 1.09. The firm has a 50 day moving average of $226.08 and a two-hundred day moving average of $203.53.
About SPDR S&P Aerospace & Defense ETF
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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