SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) Shares Bought by Spinnaker Investment Group LLC

Spinnaker Investment Group LLC boosted its position in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 7.3% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 3,309 shares of the company’s stock after buying an additional 225 shares during the period. Spinnaker Investment Group LLC’s holdings in SPDR S&P Aerospace & Defense ETF were worth $521,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Fairfield Financial Advisors LTD bought a new position in shares of SPDR S&P Aerospace & Defense ETF during the 2nd quarter valued at about $37,000. Mather Group LLC. bought a new position in shares of SPDR S&P Aerospace & Defense ETF in the second quarter valued at $49,000. GPS Wealth Strategies Group LLC lifted its position in shares of SPDR S&P Aerospace & Defense ETF by 43.9% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 459 shares of the company’s stock valued at $64,000 after acquiring an additional 140 shares during the last quarter. ORG Partners LLC bought a new stake in shares of SPDR S&P Aerospace & Defense ETF during the 2nd quarter worth $77,000. Finally, National Bank of Canada FI raised its position in shares of SPDR S&P Aerospace & Defense ETF by 9.5% during the second quarter. National Bank of Canada FI now owns 818 shares of the company’s stock worth $114,000 after purchasing an additional 71 shares during the period.

SPDR S&P Aerospace & Defense ETF Trading Down 0.5 %

Shares of XAR opened at $164.75 on Friday. The business’s 50-day moving average price is $158.69 and its 200 day moving average price is $149.56. The stock has a market capitalization of $2.47 billion, a P/E ratio of 30.33 and a beta of 0.85. SPDR S&P Aerospace & Defense ETF has a 1-year low of $123.59 and a 1-year high of $175.28.

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.