GWM Advisors LLC Purchases 1,587 Shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

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GWM Advisors LLC lifted its position in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 68.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 3,891 shares of the company’s stock after buying an additional 1,587 shares during the period. GWM Advisors LLC’s holdings in SPDR S&P Aerospace & Defense ETF were worth $404,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Gradient Investments LLC bought a new position in shares of SPDR S&P Aerospace & Defense ETF in the second quarter worth approximately $29,000. Tompkins Financial Corp bought a new position in shares of SPDR S&P Aerospace & Defense ETF in the first quarter worth approximately $35,000. Steward Partners Investment Advisory LLC bought a new position in shares of SPDR S&P Aerospace & Defense ETF in the second quarter worth approximately $47,000. Migdal Insurance & Financial Holdings Ltd. bought a new position in shares of SPDR S&P Aerospace & Defense ETF in the first quarter worth approximately $47,000. Finally, Marshall Wace LLP bought a new position in shares of SPDR S&P Aerospace & Defense ETF in the first quarter worth approximately $49,000.

Shares of NYSEARCA XAR opened at $107.01 on Friday. The firm’s 50 day moving average price is $104.79 and its 200-day moving average price is $98.21. SPDR S&P Aerospace & Defense ETF has a 52-week low of $73.23 and a 52-week high of $107.65.

Further Reading: How much money do you need to begin day trading?

Want to see what other hedge funds are holding XAR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR).

Institutional Ownership by Quarter for SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

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