Kingsview Wealth Management LLC increased its stake in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR – Free Report) by 5.1% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 50,364 shares of the company’s stock after purchasing an additional 2,466 shares during the quarter. Kingsview Wealth Management LLC’s holdings in SPDR S&P Aerospace & Defense ETF were worth $7,924,000 as of its most recent SEC filing.
Other hedge funds have also added to or reduced their stakes in the company. Fairfield Financial Advisors LTD acquired a new stake in SPDR S&P Aerospace & Defense ETF during the 2nd quarter valued at $37,000. Mather Group LLC. acquired a new stake in SPDR S&P Aerospace & Defense ETF during the 2nd quarter valued at $49,000. Darwin Wealth Management LLC acquired a new stake in SPDR S&P Aerospace & Defense ETF during the 3rd quarter valued at $70,000. GPS Wealth Strategies Group LLC lifted its holdings 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 purchasing an additional 140 shares during the last quarter. Finally, ORG Partners LLC acquired a new stake in SPDR S&P Aerospace & Defense ETF during the 2nd quarter valued at $77,000.
SPDR S&P Aerospace & Defense ETF Price Performance
Shares of SPDR S&P Aerospace & Defense ETF stock opened at $172.56 on Friday. The business has a fifty day simple moving average of $160.45 and a two-hundred day simple moving average of $150.61. SPDR S&P Aerospace & Defense ETF has a 1 year low of $125.31 and a 1 year high of $175.28. The company has a market capitalization of $2.59 billion, a price-to-earnings ratio of 30.33 and a beta of 0.85.
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.
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Want to see what other hedge funds are holding XAR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR – Free Report).
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