SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) Shares Purchased by Rappaport Reiches Capital Management LLC

Rappaport Reiches Capital Management LLC raised its position in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 12.0% in the 4th quarter, HoldingsChannel.com reports. The fund owned 5,760 shares of the company’s stock after acquiring an additional 619 shares during the quarter. Rappaport Reiches Capital Management LLC’s holdings in SPDR S&P Aerospace & Defense ETF were worth $955,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of XAR. Darwin Wealth Management LLC acquired a new position in shares of SPDR S&P Aerospace & Defense ETF in the third quarter valued at approximately $70,000. Anchor Investment Management LLC boosted its position in 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 valued at $123,000 after buying an additional 860 shares during the period. EP Wealth Advisors LLC acquired a new position in shares of SPDR S&P Aerospace & Defense ETF in the second quarter worth $126,000. Rockport Wealth LLC purchased a new stake in shares of SPDR S&P Aerospace & Defense ETF during the second quarter worth $215,000. Finally, Cable Hill Partners LLC purchased a new stake in shares of SPDR S&P Aerospace & Defense ETF during the third quarter worth $216,000.

SPDR S&P Aerospace & Defense ETF Trading Up 0.9 %

NYSEARCA:XAR opened at $180.77 on Friday. SPDR S&P Aerospace & Defense ETF has a 12-month low of $127.75 and a 12-month high of $180.99. The firm has a market cap of $2.72 billion, a PE ratio of 30.33 and a beta of 0.85. The stock has a fifty day moving average price of $169.55 and a 200 day moving average price of $159.08.

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.