Larry Mathis Financial Planning LLC Acquires Shares of 5,228 SPDR S&P Aerospace & Defense ETF $XAR

Larry Mathis Financial Planning LLC bought a new position in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 5,228 shares of the company’s stock, valued at approximately $1,261,000. SPDR S&P Aerospace & Defense ETF makes up about 1.1% of Larry Mathis Financial Planning LLC’s portfolio, making the stock its 19th largest holding.

A number of other institutional investors have also modified their holdings of the stock. Assetmark Inc. boosted its holdings in shares of SPDR S&P Aerospace & Defense ETF by 71.9% in the third quarter. Assetmark Inc. now owns 110 shares of the company’s stock valued at $26,000 after purchasing an additional 46 shares during the period. Rothschild Investment LLC increased its holdings in SPDR S&P Aerospace & Defense ETF by 138.0% during the 3rd quarter. Rothschild Investment LLC now owns 119 shares of the company’s stock worth $28,000 after purchasing an additional 69 shares during the period. Strive Financial Group LLC purchased a new position in SPDR S&P Aerospace & Defense ETF during the 4th quarter worth $30,000. Smartleaf Asset Management LLC bought a new stake in SPDR S&P Aerospace & Defense ETF during the 3rd quarter valued at $32,000. Finally, Milestone Investment Advisors LLC bought a new stake in SPDR S&P Aerospace & Defense ETF during the 3rd quarter valued at $32,000.

SPDR S&P Aerospace & Defense ETF Stock Performance

Shares of XAR stock opened at $284.29 on Friday. SPDR S&P Aerospace & Defense ETF has a twelve month low of $196.00 and a twelve month high of $295.39. The stock has a market capitalization of $6.50 billion, a price-to-earnings ratio of 35.83 and a beta of 0.99. The stock has a fifty day simple moving average of $271.22 and a two-hundred day simple moving average of $266.50.

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.