SPDR S&P Aerospace & Defense ETF $XAR Shares Newly Acquired by Founders Financial Securities LLC

Founders Financial Securities LLC bought a new position in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 3,542 shares of the company’s stock, valued at approximately $819,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Wealthcare Advisory Partners LLC lifted its position in shares of SPDR S&P Aerospace & Defense ETF by 3.2% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 1,411 shares of the company’s stock valued at $401,000 after acquiring an additional 44 shares during the period. Pacific Sun Financial Corp boosted its position in shares of SPDR S&P Aerospace & Defense ETF by 0.3% in the 1st quarter. Pacific Sun Financial Corp now owns 17,910 shares of the company’s stock worth $4,549,000 after buying an additional 45 shares in the last quarter. NFSG Corp boosted its position in shares of SPDR S&P Aerospace & Defense ETF by 7.6% in the 3rd quarter. NFSG Corp now owns 640 shares of the company’s stock worth $148,000 after buying an additional 45 shares in the last quarter. NWF Advisory Services Inc. grew its stake in SPDR S&P Aerospace & Defense ETF by 2.9% in the 2nd quarter. NWF Advisory Services Inc. now owns 1,761 shares of the company’s stock valued at $500,000 after acquiring an additional 50 shares during the last quarter. Finally, Farther Finance Advisors LLC grew its stake in SPDR S&P Aerospace & Defense ETF by 2.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 2,626 shares of the company’s stock valued at $607,000 after acquiring an additional 52 shares during the last quarter.

SPDR S&P Aerospace & Defense ETF Trading Down 3.4%

NYSEARCA:XAR opened at $227.37 on Friday. SPDR S&P Aerospace & Defense ETF has a twelve month low of $210.14 and a twelve month high of $297.79. The company has a market capitalization of $5.12 billion, a P/E ratio of 35.83 and a beta of 1.03. The firm has a 50-day moving average price of $238.66 and a two-hundred day moving average price of $264.86.

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.