SPDR S&P Aerospace & Defense ETF $XAR Stock: Kraft Davis & Associates LLC Increases Position

Kraft Davis & Associates LLC boosted its holdings in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 385.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 29,522 shares of the company’s stock after buying an additional 23,440 shares during the period. SPDR S&P Aerospace & Defense ETF makes up 1.4% of Kraft Davis & Associates LLC’s holdings, making the stock its 25th largest position. Kraft Davis & Associates LLC owned approximately 0.12% of SPDR S&P Aerospace & Defense ETF worth $6,612,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Fifth Third Securities Inc. acquired a new stake in SPDR S&P Aerospace & Defense ETF in the third quarter worth about $3,943,000. Integrated Advisors Network LLC grew its stake in shares of SPDR S&P Aerospace & Defense ETF by 16.2% during the third quarter. Integrated Advisors Network LLC now owns 1,308 shares of the company’s stock worth $303,000 after acquiring an additional 182 shares during the last quarter. Retirement Planning Group LLC purchased a new stake in shares of SPDR S&P Aerospace & Defense ETF during the third quarter worth about $2,468,000. Sculati Wealth Management LLC grew its stake in shares of SPDR S&P Aerospace & Defense ETF by 30.4% during the third quarter. Sculati Wealth Management LLC now owns 1,757 shares of the company’s stock worth $396,000 after acquiring an additional 410 shares during the last quarter. Finally, Howard Capital Management Group LLC grew its stake in shares of SPDR S&P Aerospace & Defense ETF by 0.3% during the third quarter. Howard Capital Management Group LLC now owns 185,014 shares of the company’s stock worth $42,784,000 after acquiring an additional 606 shares during the last quarter.

SPDR S&P Aerospace & Defense ETF Stock Up 0.2%

XAR opened at $222.64 on Thursday. SPDR S&P Aerospace & Defense ETF has a 52-week low of $215.02 and a 52-week high of $297.79. The company has a market cap of $5.31 billion, a P/E ratio of 35.83 and a beta of 1.03. The firm’s 50-day moving average price is $246.89 and its 200-day moving average price is $263.36.

About SPDR S&P Aerospace & Defense ETF

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.