Spinnaker Investment Group LLC lifted its stake in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR – Free Report) by 48.7% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 4,922 shares of the company’s stock after purchasing an additional 1,613 shares during the quarter. Spinnaker Investment Group LLC’s holdings in SPDR S&P Aerospace & Defense ETF were worth $816,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also made changes to their positions in the company. Darwin Wealth Management LLC acquired a new position in SPDR S&P Aerospace & Defense ETF during the third quarter worth about $70,000. Anchor Investment Management LLC grew its holdings in shares of SPDR S&P Aerospace & Defense ETF by 4,300.0% in the 2nd quarter. Anchor Investment Management LLC now owns 880 shares of the company’s stock worth $123,000 after acquiring an additional 860 shares during the period. EP Wealth Advisors LLC purchased a new position in SPDR S&P Aerospace & Defense ETF in the 2nd quarter valued at approximately $126,000. HBW Advisory Services LLC raised its holdings in SPDR S&P Aerospace & Defense ETF by 156.5% during the fourth quarter. HBW Advisory Services LLC now owns 1,321 shares of the company’s stock worth $219,000 after purchasing an additional 806 shares during the last quarter. Finally, Cable Hill Partners LLC purchased a new stake in SPDR S&P Aerospace & Defense ETF during the third quarter worth $216,000.
SPDR S&P Aerospace & Defense ETF Stock Performance
SPDR S&P Aerospace & Defense ETF stock opened at $180.77 on Friday. SPDR S&P Aerospace & Defense ETF has a fifty-two week low of $127.75 and a fifty-two week high of $180.99. The firm has a market capitalization of $2.72 billion, a price-to-earnings ratio of 30.33 and a beta of 0.85. The stock’s fifty day moving average is $169.55 and its two-hundred day moving average is $159.08.
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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