SPDR S&P Aerospace & Defense ETF $XAR Shares Purchased by Spinnaker Investment Group LLC

Spinnaker Investment Group LLC boosted its holdings in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 79.9% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,950 shares of the company’s stock after acquiring an additional 4,418 shares during the period. SPDR S&P Aerospace & Defense ETF comprises about 0.4% of Spinnaker Investment Group LLC’s investment portfolio, making the stock its 18th biggest holding. Spinnaker Investment Group LLC owned about 0.05% of SPDR S&P Aerospace & Defense ETF worth $2,338,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently made changes to their positions in the stock. RoundAngle Advisors LLC grew its holdings in shares of SPDR S&P Aerospace & Defense ETF by 0.9% during the third quarter. RoundAngle Advisors LLC now owns 5,846 shares of the company’s stock valued at $1,374,000 after purchasing an additional 51 shares during the last quarter. Focus Financial Network Inc. boosted its position in SPDR S&P Aerospace & Defense ETF by 214.8% during the 3rd quarter. Focus Financial Network Inc. now owns 8,112 shares of the company’s stock valued at $1,906,000 after purchasing an additional 5,535 shares during the period. L. Roy Papp & Associates LLP bought a new position in SPDR S&P Aerospace & Defense ETF during the 3rd quarter worth $217,000. Dynamic Advisor Solutions LLC increased its position in SPDR S&P Aerospace & Defense ETF by 4.4% in the third quarter. Dynamic Advisor Solutions LLC now owns 1,054 shares of the company’s stock worth $248,000 after buying an additional 44 shares during the period. Finally, Sheets Smith Investment Management acquired a new stake in SPDR S&P Aerospace & Defense ETF in the third quarter worth $349,000.

SPDR S&P Aerospace & Defense ETF Stock Performance

Shares of XAR opened at $241.28 on Friday. SPDR S&P Aerospace & Defense ETF has a 1 year low of $137.09 and a 1 year high of $254.09. The company has a market cap of $4.71 billion, a price-to-earnings ratio of 35.83 and a beta of 1.13. The firm has a fifty day moving average of $235.40 and a 200-day moving average of $223.11.

SPDR S&P Aerospace & Defense ETF 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.