3,212 Shares in SPDR S&P Aerospace & Defense ETF $XAR Purchased by Independent Financial Group LLC

Independent Financial Group LLC acquired a new stake in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 3,212 shares of the company’s stock, valued at approximately $816,000.

A number of other large investors also recently bought and sold shares of the stock. NewEdge Advisors LLC raised its stake in shares of SPDR S&P Aerospace & Defense ETF by 0.8% in the 1st quarter. NewEdge Advisors LLC now owns 8,257 shares of the company’s stock valued at $1,327,000 after acquiring an additional 67 shares during the period. Empowered Funds LLC acquired a new position in shares of SPDR S&P Aerospace & Defense ETF in the 1st quarter worth approximately $1,582,000. Jane Street Group LLC boosted its position in shares of SPDR S&P Aerospace & Defense ETF by 10.0% during the 1st quarter. Jane Street Group LLC now owns 18,380 shares of the company’s stock worth $2,953,000 after purchasing an additional 1,667 shares during the period. EverSource Wealth Advisors LLC boosted its position in shares of SPDR S&P Aerospace & Defense ETF by 30.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 540 shares of the company’s stock worth $114,000 after purchasing an additional 127 shares during the period. Finally, Walleye Capital LLC acquired a new stake in SPDR S&P Aerospace & Defense ETF in the 2nd quarter valued at approximately $589,000.

SPDR S&P Aerospace & Defense ETF Stock Up 2.2%

Shares of NYSEARCA XAR opened at $264.91 on Wednesday. The firm has a market cap of $5.98 billion, a price-to-earnings ratio of 35.83 and a beta of 1.00. SPDR S&P Aerospace & Defense ETF has a 52-week low of $208.77 and a 52-week high of $295.39. The business’s 50 day moving average is $274.68 and its two-hundred day moving average is $272.29.

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.