Beckerman Institutional LLC Makes New Investment in SPDR S&P Aerospace & Defense ETF $XAR

Beckerman Institutional LLC acquired a new position in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) during the second quarter, according to the company in its most recent filing with the SEC. The fund acquired 977 shares of the company’s stock, valued at approximately $206,000.

Other institutional investors have also modified their holdings of the company. TD Capital Management LLC acquired a new stake in shares of SPDR S&P Aerospace & Defense ETF in the 1st quarter valued at about $29,000. Reyes Financial Architecture Inc. bought a new stake in shares of SPDR S&P Aerospace & Defense ETF during the 1st quarter valued at about $32,000. Brentview Investment Management LLC bought a new stake in shares of SPDR S&P Aerospace & Defense ETF during the 1st quarter valued at about $32,000. Zions Bancorporation National Association UT bought a new stake in shares of SPDR S&P Aerospace & Defense ETF during the 1st quarter valued at about $32,000. Finally, Centricity Wealth Management LLC grew its position in shares of SPDR S&P Aerospace & Defense ETF by 100.0% during the 2nd quarter. Centricity Wealth Management LLC now owns 230 shares of the company’s stock valued at $49,000 after buying an additional 115 shares during the last quarter.

SPDR S&P Aerospace & Defense ETF Trading Down 2.3%

NYSEARCA XAR opened at $241.97 on Wednesday. SPDR S&P Aerospace & Defense ETF has a 52 week low of $137.09 and a 52 week high of $254.09. The stock has a market cap of $4.71 billion, a price-to-earnings ratio of 35.83 and a beta of 1.13. The company has a 50-day moving average price of $233.40 and a two-hundred day moving average price of $211.70.

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.