SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) Shares Acquired by Foundations Investment Advisors LLC

Foundations Investment Advisors LLC lifted its position in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 416.1% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 30,850 shares of the company’s stock after acquiring an additional 24,872 shares during the period. Foundations Investment Advisors LLC’s holdings in SPDR S&P Aerospace & Defense ETF were worth $4,854,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Fairfield Financial Advisors LTD acquired a new position in SPDR S&P Aerospace & Defense ETF in the 2nd quarter valued at about $37,000. Mather Group LLC. acquired a new position in shares of SPDR S&P Aerospace & Defense ETF during the 2nd quarter valued at about $49,000. GPS Wealth Strategies Group LLC increased its stake in shares of 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 acquiring an additional 140 shares during the last quarter. ORG Partners LLC acquired a new position in shares of SPDR S&P Aerospace & Defense ETF during the 2nd quarter valued at about $77,000. Finally, National Bank of Canada FI increased its stake in shares of SPDR S&P Aerospace & Defense ETF by 9.5% during the 2nd quarter. National Bank of Canada FI now owns 818 shares of the company’s stock valued at $114,000 after acquiring an additional 71 shares during the last quarter.

SPDR S&P Aerospace & Defense ETF Price Performance

NYSEARCA XAR opened at $161.04 on Wednesday. SPDR S&P Aerospace & Defense ETF has a 12 month low of $111.86 and a 12 month high of $164.88. The company has a 50-day moving average of $155.17 and a 200-day moving average of $146.31. The company has a market cap of $2.42 billion, a P/E ratio of 30.33 and a beta of 0.85.

SPDR S&P Aerospace & Defense ETF Company 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.