First Growth Capital LLC Takes Position in SPDR S&P Aerospace & Defense ETF $XAR

First Growth Capital LLC bought a new position in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) during the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 4,683 shares of the company’s stock, valued at approximately $1,250,000. SPDR S&P Aerospace & Defense ETF comprises about 1.2% of First Growth Capital LLC’s investment portfolio, making the stock its 14th biggest position.

Several other institutional investors have also modified their holdings of the business. Assetmark Inc. grew its stake 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 valued at $26,000 after purchasing an additional 46 shares in the last quarter. Rothschild Investment LLC raised its position in shares of SPDR S&P Aerospace & Defense ETF by 138.0% in the 3rd quarter. Rothschild Investment LLC now owns 119 shares of the company’s stock valued at $28,000 after purchasing an additional 69 shares in the last quarter. Strive Financial Group LLC acquired a new position in shares of SPDR S&P Aerospace & Defense ETF in the 4th quarter valued at approximately $30,000. Milestone Investment Advisors LLC acquired a new position in shares of SPDR S&P Aerospace & Defense ETF in the 3rd quarter valued at approximately $32,000. Finally, Smartleaf Asset Management LLC purchased a new position in shares of SPDR S&P Aerospace & Defense ETF during the 3rd quarter valued at approximately $32,000.

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

SPDR S&P Aerospace & Defense ETF stock opened at $284.29 on Friday. SPDR S&P Aerospace & Defense ETF has a 52 week low of $196.00 and a 52 week high of $295.39. The stock has a market cap of $6.50 billion, a P/E ratio of 35.83 and a beta of 0.99. The stock has a 50 day moving average of $270.97 and a 200-day moving average of $266.37.

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.