SPDR S&P Aerospace & Defense ETF $XAR Shares Newly Purchased by Madrona Financial Services LLC

Madrona Financial Services LLC bought a new position in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) in the 3rd quarter, according to its most recent disclosure with the SEC. The firm bought 29,231 shares of the company’s stock, valued at approximately $6,760,000. SPDR S&P Aerospace & Defense ETF accounts for approximately 1.0% of Madrona Financial Services LLC’s investment portfolio, making the stock its 28th largest holding. Madrona Financial Services LLC owned 0.13% of SPDR S&P Aerospace & Defense ETF as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. Turtle Creek Wealth Advisors LLC bought a new stake in SPDR S&P Aerospace & Defense ETF during the first quarter worth about $28,000. Timbuktu Capital Management LLC bought a new position in shares of SPDR S&P Aerospace & Defense ETF during the second quarter valued at $28,000. Glenmede Trust Co. NA purchased a new stake in SPDR S&P Aerospace & Defense ETF in the first quarter worth approximately $30,000. Mather Group LLC. bought a new stake in shares of SPDR S&P Aerospace & Defense ETF in the third quarter worth $39,000. Finally, Investors Research Corp grew its stake in shares of SPDR S&P Aerospace & Defense ETF by 105.0% during the 2nd quarter. Investors Research Corp now owns 164 shares of the company’s stock valued at $47,000 after purchasing an additional 84 shares during the period.

SPDR S&P Aerospace & Defense ETF Trading Down 0.2%

XAR opened at $217.79 on Friday. SPDR S&P Aerospace & Defense ETF has a 1-year low of $210.14 and a 1-year high of $297.79. The firm’s 50 day simple moving average is $243.83 and its two-hundred day simple moving average is $262.75. The company has a market capitalization of $4.89 billion, a PE ratio of 35.83 and a beta of 1.03.

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.