Marks Wealth LLC Has $28.61 Million Stock Holdings in SPDR S&P Aerospace & Defense ETF $XAR

Marks Wealth LLC grew its holdings in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 8.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 121,766 shares of the company’s stock after purchasing an additional 9,340 shares during the quarter. SPDR S&P Aerospace & Defense ETF makes up approximately 8.8% of Marks Wealth LLC’s holdings, making the stock its 5th biggest holding. Marks Wealth LLC owned about 0.64% of SPDR S&P Aerospace & Defense ETF worth $28,610,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. Harbor Investment Advisory LLC bought a new position in SPDR S&P Aerospace & Defense ETF in the third quarter valued at approximately $28,000. Darwin Wealth Management LLC acquired a new position in shares of SPDR S&P Aerospace & Defense ETF in the 2nd quarter valued at $43,000. Centricity Wealth Management LLC boosted its position in shares of SPDR S&P Aerospace & Defense ETF by 100.0% in the 2nd quarter. Centricity Wealth Management LLC now owns 230 shares of the company’s stock worth $49,000 after purchasing an additional 115 shares during the last quarter. Valley National Advisers Inc. boosted its position in shares of SPDR S&P Aerospace & Defense ETF by 156.4% in the 2nd quarter. Valley National Advisers Inc. now owns 282 shares of the company’s stock worth $59,000 after purchasing an additional 172 shares during the last quarter. Finally, Glass Jacobson Investment Advisors llc increased its holdings in SPDR S&P Aerospace & Defense ETF by 30.4% in the second quarter. Glass Jacobson Investment Advisors llc now owns 296 shares of the company’s stock valued at $62,000 after purchasing an additional 69 shares during the last quarter.

SPDR S&P Aerospace & Defense ETF Trading Up 1.3%

NYSEARCA:XAR opened at $289.49 on Friday. SPDR S&P Aerospace & Defense ETF has a 1-year low of $137.09 and a 1-year high of $290.25. The firm has a market capitalization of $5.83 billion, a price-to-earnings ratio of 35.83 and a beta of 1.13. The business’s 50-day moving average price is $241.52 and its two-hundred day moving average price is $230.96.

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.