Sanctuary Advisors LLC Makes New Investment in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

Sanctuary Advisors LLC bought a new position in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) 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.