SPDR S&P Aerospace & Defense ETF $XAR Shares Purchased by NCM Capital Management LLC

NCM Capital Management LLC lifted its stake in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 1,119.6% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 11,245 shares of the company’s stock after purchasing an additional 10,323 shares during the quarter. SPDR S&P Aerospace & Defense ETF comprises about 1.0% of NCM Capital Management LLC’s portfolio, making the stock its 19th largest holding. NCM Capital Management LLC’s holdings in SPDR S&P Aerospace & Defense ETF were worth $2,713,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of the stock. Assetmark Inc. grew its position in SPDR S&P Aerospace & Defense ETF by 71.9% during the 3rd quarter. Assetmark Inc. now owns 110 shares of the company’s stock worth $26,000 after purchasing an additional 46 shares during the last quarter. Rothschild Investment LLC raised its holdings in shares of SPDR S&P Aerospace & Defense ETF by 138.0% in the third quarter. Rothschild Investment LLC now owns 119 shares of the company’s stock worth $28,000 after buying an additional 69 shares during the last quarter. Strive Financial Group LLC acquired a new stake in shares of SPDR S&P Aerospace & Defense ETF during the fourth quarter worth $30,000. Smartleaf Asset Management LLC acquired a new stake in shares of SPDR S&P Aerospace & Defense ETF during the third quarter worth $32,000. Finally, Milestone Investment Advisors LLC purchased a new stake in shares of SPDR S&P Aerospace & Defense ETF during the third quarter valued at $32,000.

SPDR S&P Aerospace & Defense ETF Price Performance

Shares of XAR opened at $284.29 on Friday. The company’s fifty day moving average price is $271.22 and its 200-day moving average price is $266.50. SPDR S&P Aerospace & Defense ETF has a 1-year low of $196.00 and a 1-year high of $295.39. The firm has a market capitalization of $6.50 billion, a PE ratio of 35.83 and a beta of 0.99.

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.