Innealta Capital LLC Purchases New Position in SPDR S&P Aerospace & Defense ETF $XAR

Innealta Capital LLC acquired a new position in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 15,234 shares of the company’s stock, valued at approximately $3,869,000. SPDR S&P Aerospace & Defense ETF makes up about 2.4% of Innealta Capital LLC’s investment portfolio, making the stock its 13th biggest holding.

Other institutional investors also recently bought and sold shares of the company. Corient Private Wealth LLC raised its position in SPDR S&P Aerospace & Defense ETF by 2,023.8% during the 4th quarter. Corient Private Wealth LLC now owns 513,629 shares of the company’s stock valued at $123,908,000 after purchasing an additional 489,444 shares in the last quarter. CWM LLC grew its position in shares of SPDR S&P Aerospace & Defense ETF by 2,668.1% during the 4th quarter. CWM LLC now owns 206,667 shares of the company’s stock worth $49,856,000 after buying an additional 199,201 shares in the last quarter. Robinhood Asset Management LLC bought a new position in shares of SPDR S&P Aerospace & Defense ETF during the 4th quarter worth $35,579,000. BNP Paribas Financial Markets increased its stake in shares of SPDR S&P Aerospace & Defense ETF by 174.4% during the third quarter. BNP Paribas Financial Markets now owns 122,530 shares of the company’s stock valued at $28,790,000 after buying an additional 77,870 shares during the period. Finally, LPL Financial LLC increased its stake in shares of SPDR S&P Aerospace & Defense ETF by 5.6% during the fourth quarter. LPL Financial LLC now owns 1,286,887 shares of the company’s stock valued at $310,449,000 after buying an additional 68,722 shares during the period.

SPDR S&P Aerospace & Defense ETF Price Performance

XAR stock opened at $271.45 on Monday. The business has a 50-day moving average price of $274.85 and a 200 day moving average price of $271.51. The company 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 1-year low of $208.77 and a 1-year high of $295.39.

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.