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

Spinnaker Investment Group LLC increased its stake in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 7.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,309 shares of the company’s stock after purchasing 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.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. National Bank of Canada FI grew its position in SPDR S&P Aerospace & Defense ETF by 9.5% in the 2nd 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 last quarter. Jaffetilchin Investment Partners LLC grew its holdings in SPDR S&P Aerospace & Defense ETF by 2.1% in the 2nd quarter. Jaffetilchin Investment Partners LLC now owns 3,512 shares of the company’s stock worth $492,000 after buying an additional 72 shares in the last quarter. Meixler Investment Management Ltd. increased its position in SPDR S&P Aerospace & Defense ETF by 1.3% in the 3rd quarter. Meixler Investment Management Ltd. now owns 6,961 shares of the company’s stock valued at $1,095,000 after acquiring an additional 87 shares during the period. Founders Financial Alliance LLC raised its stake in SPDR S&P Aerospace & Defense ETF by 5.0% during the 2nd quarter. Founders Financial Alliance LLC now owns 2,244 shares of the company’s stock valued at $314,000 after acquiring an additional 106 shares in the last quarter. Finally, Worth Asset Management LLC boosted its position in SPDR S&P Aerospace & Defense ETF by 2.1% during the 2nd quarter. Worth Asset Management LLC now owns 5,246 shares of the company’s stock worth $734,000 after acquiring an additional 110 shares during the period.

SPDR S&P Aerospace & Defense ETF Stock Performance

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

SPDR S&P Aerospace & Defense ETF 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.