Commonwealth Equity Services LLC Acquires 1,221 Shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

Commonwealth Equity Services LLC increased its holdings in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 1.0% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 121,818 shares of the company’s stock after purchasing an additional 1,221 shares during the quarter. Commonwealth Equity Services LLC owned 0.81% of SPDR S&P Aerospace & Defense ETF worth $17,052,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of XAR. IFG Advisory LLC bought a new position in shares of SPDR S&P Aerospace & Defense ETF during the second quarter worth about $568,000. Jaffetilchin Investment Partners LLC boosted its position in SPDR S&P Aerospace & Defense ETF by 2.1% during the 2nd quarter. Jaffetilchin Investment Partners LLC now owns 3,512 shares of the company’s stock worth $492,000 after acquiring an additional 72 shares during the last quarter. International Assets Investment Management LLC bought a new position in shares of SPDR S&P Aerospace & Defense ETF during the 2nd quarter worth approximately $118,000. Migdal Insurance & Financial Holdings Ltd. raised its holdings in shares of SPDR S&P Aerospace & Defense ETF by 2,822.5% in the second quarter. Migdal Insurance & Financial Holdings Ltd. now owns 20,487 shares of the company’s stock valued at $2,875,000 after purchasing an additional 19,786 shares during the last quarter. Finally, Arkadios Wealth Advisors raised its holdings in shares of SPDR S&P Aerospace & Defense ETF by 24.1% in the second quarter. Arkadios Wealth Advisors now owns 1,807 shares of the company’s stock valued at $253,000 after purchasing an additional 351 shares during the last quarter.

SPDR S&P Aerospace & Defense ETF Trading Down 3.0 %

Shares of XAR opened at $150.87 on Wednesday. The stock has a market capitalization of $2.27 billion, a price-to-earnings ratio of 30.33 and a beta of 0.85. SPDR S&P Aerospace & Defense ETF has a 12 month low of $108.32 and a 12 month high of $156.43. The firm has a fifty day simple moving average of $146.61 and a 200 day simple moving average of $141.67.

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.