11,589 Shares in SPDR S&P Aerospace & Defense ETF $XAR Bought by WealthSpring Partners LLC

WealthSpring Partners LLC acquired a new position in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 11,589 shares of the company’s stock, valued at approximately $2,796,000. SPDR S&P Aerospace & Defense ETF accounts for 2.9% of WealthSpring Partners LLC’s investment portfolio, making the stock its 13th biggest holding. WealthSpring Partners LLC owned 0.05% of SPDR S&P Aerospace & Defense ETF at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Assetmark Inc. raised 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. Acorn Financial Advisory Services Inc. ADV grew its position in shares of SPDR S&P Aerospace & Defense ETF by 2.2% in the 4th quarter. Acorn Financial Advisory Services Inc. ADV now owns 2,169 shares of the company’s stock valued at $523,000 after buying an additional 47 shares during the last quarter. O Shaughnessy Asset Management LLC grew its position in shares of SPDR S&P Aerospace & Defense ETF by 12.5% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 423 shares of the company’s stock valued at $102,000 after buying an additional 47 shares during the last quarter. Crescent Sterling Ltd. increased its stake in shares of SPDR S&P Aerospace & Defense ETF by 3.9% in the fourth quarter. Crescent Sterling Ltd. now owns 1,289 shares of the company’s stock valued at $311,000 after buying an additional 48 shares during the period. Finally, Meridian Wealth Management LLC increased its stake in shares of SPDR S&P Aerospace & Defense ETF by 1.5% in the fourth quarter. Meridian Wealth Management LLC now owns 3,319 shares of the company’s stock valued at $801,000 after buying an additional 49 shares during the period.

SPDR S&P Aerospace & Defense ETF Price Performance

Shares of XAR opened at $284.39 on Friday. The business has a 50-day moving average of $268.73 and a 200-day moving average of $264.44. The company has a market capitalization of $6.51 billion, a price-to-earnings ratio of 35.83 and a beta of 0.99. SPDR S&P Aerospace & Defense ETF has a 1 year low of $195.70 and a 1 year high of $295.39.

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.