Kingswood Wealth Advisors LLC Buys 105 Shares of SPDR S&P Aerospace & Defense ETF $XAR

Kingswood Wealth Advisors LLC raised its stake in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 5.7% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,954 shares of the company’s stock after acquiring an additional 105 shares during the quarter. Kingswood Wealth Advisors LLC’s holdings in SPDR S&P Aerospace & Defense ETF were worth $412,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. TD Capital Management LLC bought a new position in shares of SPDR S&P Aerospace & Defense ETF in the first quarter worth about $29,000. Reyes Financial Architecture Inc. bought a new position in shares of SPDR S&P Aerospace & Defense ETF in the first quarter worth about $32,000. Brentview Investment Management LLC bought a new position in SPDR S&P Aerospace & Defense ETF in the 1st quarter valued at approximately $32,000. Zions Bancorporation National Association UT acquired a new stake in SPDR S&P Aerospace & Defense ETF during the 1st quarter worth approximately $32,000. Finally, Golden State Wealth Management LLC boosted its position in SPDR S&P Aerospace & Defense ETF by 100.0% during the 1st quarter. Golden State Wealth Management LLC now owns 252 shares of the company’s stock worth $40,000 after buying an additional 126 shares during the period.

SPDR S&P Aerospace & Defense ETF Price Performance

NYSEARCA:XAR opened at $238.93 on Friday. The firm’s 50 day simple moving average is $223.60 and its 200 day simple moving average is $200.58. SPDR S&P Aerospace & Defense ETF has a one year low of $137.09 and a one year high of $250.87. The company has a market cap of $4.53 billion, a PE ratio of 35.83 and a beta of 1.09.

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.