Howard Capital Management Group LLC Buys 1,301 Shares of SPDR S&P Aerospace & Defense ETF $XAR

Howard Capital Management Group LLC lifted its holdings in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 0.7% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 188,672 shares of the company’s stock after purchasing an additional 1,301 shares during the period. SPDR S&P Aerospace & Defense ETF accounts for approximately 2.8% of Howard Capital Management Group LLC’s portfolio, making the stock its 11th biggest holding. Howard Capital Management Group LLC owned 1.08% of SPDR S&P Aerospace & Defense ETF worth $39,798,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in XAR. Wealth Enhancement Advisory Services LLC increased its stake in shares of SPDR S&P Aerospace & Defense ETF by 6.0% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 10,183 shares of the company’s stock worth $1,689,000 after purchasing an additional 578 shares during the period. Somerset Trust Co bought a new position in shares of SPDR S&P Aerospace & Defense ETF in the first quarter worth about $218,000. NBC Securities Inc. increased its stake in shares of SPDR S&P Aerospace & Defense ETF by 135,066.7% in the first quarter. NBC Securities Inc. now owns 4,055 shares of the company’s stock worth $651,000 after purchasing an additional 4,052 shares during the period. Roxbury Financial LLC bought a new position in shares of SPDR S&P Aerospace & Defense ETF in the first quarter worth about $30,000. Finally, Enclave Advisors LLC increased its stake in shares of SPDR S&P Aerospace & Defense ETF by 15.1% in the first quarter. Enclave Advisors LLC now owns 85,638 shares of the company’s stock worth $13,761,000 after purchasing an additional 11,254 shares during the period.

SPDR S&P Aerospace & Defense ETF Stock Performance

SPDR S&P Aerospace & Defense ETF stock opened at $230.33 on Friday. The business’s 50-day simple moving average is $219.11 and its 200-day simple moving average is $195.30. The firm has a market capitalization of $4.15 billion, a PE ratio of 35.83 and a beta of 1.09. SPDR S&P Aerospace & Defense ETF has a 52 week low of $137.09 and a 52 week high of $231.45.

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.