SPDR S&P Aerospace & Defense ETF $XAR Shares Purchased by Waverly Advisors LLC

Waverly Advisors LLC lifted its holdings in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 24.8% in the 2nd quarter, HoldingsChannel reports. The firm owned 30,132 shares of the company’s stock after purchasing an additional 5,982 shares during the quarter. Waverly Advisors LLC’s holdings in SPDR S&P Aerospace & Defense ETF were worth $8,551,000 as of its most recent filing with the SEC.

Other institutional investors also recently made changes to their positions in the company. Turtle Creek Wealth Advisors LLC bought a new position in SPDR S&P Aerospace & Defense ETF during the first quarter valued at about $28,000. Timbuktu Capital Management LLC acquired a new position in shares of SPDR S&P Aerospace & Defense ETF in the second quarter worth about $28,000. Glenmede Trust Co. NA purchased a new position in SPDR S&P Aerospace & Defense ETF during the 1st quarter worth approximately $30,000. Strive Financial Group LLC purchased a new position in shares of SPDR S&P Aerospace & Defense ETF during the fourth quarter valued at $30,000. Finally, Darwin Wealth Management LLC purchased a new position in SPDR S&P Aerospace & Defense ETF during the 2nd quarter valued at about $43,000.

SPDR S&P Aerospace & Defense ETF Stock Down 2.6%

SPDR S&P Aerospace & Defense ETF stock opened at $246.70 on Thursday. SPDR S&P Aerospace & Defense ETF has a 12 month low of $215.02 and a 12 month high of $297.79. The company’s fifty day simple moving average is $271.29 and its 200-day simple moving average is $271.39. The stock has a market cap of $5.58 billion, a P/E ratio of 35.83 and a beta of 1.01.

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.