Innealta Capital LLC Buys Shares of 15,234 SPDR S&P Aerospace & Defense ETF $XAR

Innealta Capital LLC bought a new stake in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 15,234 shares of the company’s stock, valued at approximately $3,869,000. SPDR S&P Aerospace & Defense ETF comprises about 2.4% of Innealta Capital LLC’s holdings, making the stock its 13th biggest position. Innealta Capital LLC owned 0.07% of SPDR S&P Aerospace & Defense ETF at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Turtle Creek Wealth Advisors LLC purchased a new position in SPDR S&P Aerospace & Defense ETF during the 1st quarter valued at $28,000. Strive Financial Group LLC purchased a new stake in SPDR S&P Aerospace & Defense ETF in the fourth quarter worth $30,000. Milestone Investment Advisors LLC bought a new stake in shares of SPDR S&P Aerospace & Defense ETF during the third quarter worth $32,000. Darwin Wealth Management LLC bought a new stake in shares of SPDR S&P Aerospace & Defense ETF during the second quarter worth $43,000. Finally, Key Financial Inc bought a new stake in shares of SPDR S&P Aerospace & Defense ETF during the fourth quarter worth $50,000.

SPDR S&P Aerospace & Defense ETF Stock Performance

Shares of XAR opened at $271.45 on Monday. The firm has a fifty day moving average price of $274.85 and a 200-day moving average price of $271.51. The firm has a market capitalization of $6.16 billion, a P/E ratio of 35.83 and a beta of 1.00. SPDR S&P Aerospace & Defense ETF has a 12-month low of $208.77 and a 12-month high of $295.39.

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.