Sanctuary Advisors LLC bought a new position in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR – Free Report) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 2,975 shares of the company’s stock, valued at approximately $405,000.
Other hedge funds also recently added to or reduced their stakes in the company. National Bank of Canada FI raised its holdings in shares of SPDR S&P Aerospace & Defense ETF by 9.5% in the 2nd quarter. National Bank of Canada FI now owns 818 shares of the company’s stock valued at $114,000 after purchasing an additional 71 shares in the last quarter. Jaffetilchin Investment Partners LLC raised its holdings in shares of SPDR S&P Aerospace & Defense ETF by 2.1% in the 2nd quarter. Jaffetilchin Investment Partners LLC now owns 3,512 shares of the company’s stock valued at $492,000 after purchasing an additional 72 shares in the last quarter. Founders Financial Alliance LLC raised its holdings in shares of SPDR S&P Aerospace & Defense ETF by 5.0% in the 2nd quarter. Founders Financial Alliance LLC now owns 2,244 shares of the company’s stock valued at $314,000 after purchasing an additional 106 shares in the last quarter. Worth Asset Management LLC raised its holdings in shares of SPDR S&P Aerospace & Defense ETF by 2.1% in the 2nd quarter. Worth Asset Management LLC now owns 5,246 shares of the company’s stock valued at $734,000 after purchasing an additional 110 shares in the last quarter. Finally, Regal Investment Advisors LLC raised its holdings in shares of SPDR S&P Aerospace & Defense ETF by 5.4% in the 2nd quarter. Regal Investment Advisors LLC now owns 2,344 shares of the company’s stock valued at $328,000 after purchasing an additional 121 shares in the last quarter.
SPDR S&P Aerospace & Defense ETF Trading Up 1.9 %
Shares of XAR opened at $163.24 on Thursday. SPDR S&P Aerospace & Defense ETF has a twelve month low of $111.86 and a twelve month high of $163.24. The firm’s fifty day simple moving average is $153.89 and its 200-day simple moving average is $145.55. The firm has a market capitalization of $2.45 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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