Nvest Financial LLC Makes New Investment in SPDR S&P Aerospace & Defense ETF $XAR

Nvest Financial LLC purchased a new position in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XARFree Report) during the 1st quarter, HoldingsChannel reports. The firm purchased 8,251 shares of the company’s stock, valued at approximately $2,096,000.

A number of other hedge funds and other institutional investors have also modified their holdings of XAR. Fortune 45 LLC bought a new stake in SPDR S&P Aerospace & Defense ETF in the first quarter worth $2,900,000. Ascentis Independent Advisors bought a new position in SPDR S&P Aerospace & Defense ETF during the first quarter valued at about $127,000. HB Wealth Management LLC raised its holdings in SPDR S&P Aerospace & Defense ETF by 36.4% during the first quarter. HB Wealth Management LLC now owns 2,789 shares of the company’s stock valued at $708,000 after buying an additional 744 shares in the last quarter. Turtle Creek Wealth Advisors LLC acquired a new stake in shares of SPDR S&P Aerospace & Defense ETF in the first quarter worth about $28,000. Finally, Private Advisor Group LLC boosted its stake in shares of SPDR S&P Aerospace & Defense ETF by 5.8% during the 1st quarter. Private Advisor Group LLC now owns 27,085 shares of the company’s stock worth $6,879,000 after acquiring an additional 1,490 shares in the last quarter.

SPDR S&P Aerospace & Defense ETF Stock Performance

Shares of NYSEARCA XAR opened at $287.56 on Monday. The firm has a market cap of $6.55 billion, a price-to-earnings ratio of 35.83 and a beta of 1.00. The business’s 50-day simple moving average is $272.70 and its 200-day simple moving average is $270.08. SPDR S&P Aerospace & Defense ETF has a 52 week low of $205.71 and a 52 week high of $295.39.

SPDR S&P Aerospace & Defense ETF Company Profile

(Free Report)

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.

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

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