SPDR S&P Aerospace & Defense ETF $XAR Stock: Kraft Davis & Associates LLC Boosts Holdings

Kraft Davis & Associates LLC increased its stake in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 385.4% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 29,522 shares of the company’s stock after buying an additional 23,440 shares during the quarter. SPDR S&P Aerospace & Defense ETF comprises approximately 1.4% of Kraft Davis & Associates LLC’s investment portfolio, making the stock its 25th biggest holding. Kraft Davis & Associates LLC’s holdings in SPDR S&P Aerospace & Defense ETF were worth $6,612,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Wealthcare Advisory Partners LLC raised its stake in SPDR S&P Aerospace & Defense ETF by 3.2% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 1,411 shares of the company’s stock worth $401,000 after acquiring an additional 44 shares during the last quarter. Pinnacle Wealth Management Advisory Group LLC lifted its position in SPDR S&P Aerospace & Defense ETF by 2.0% during the 1st quarter. Pinnacle Wealth Management Advisory Group LLC now owns 2,322 shares of the company’s stock worth $590,000 after acquiring an additional 45 shares during the period. Pacific Sun Financial Corp lifted its position in SPDR S&P Aerospace & Defense ETF by 0.3% during the 1st quarter. Pacific Sun Financial Corp now owns 17,910 shares of the company’s stock worth $4,549,000 after acquiring an additional 45 shares during the period. NFSG Corp grew its stake in SPDR S&P Aerospace & Defense ETF by 7.6% during the 3rd quarter. NFSG Corp now owns 640 shares of the company’s stock valued at $148,000 after purchasing an additional 45 shares during the last quarter. Finally, NWF Advisory Services Inc. grew its stake in SPDR S&P Aerospace & Defense ETF by 2.9% during the 2nd quarter. NWF Advisory Services Inc. now owns 1,761 shares of the company’s stock valued at $500,000 after purchasing an additional 50 shares during the last quarter.

SPDR S&P Aerospace & Defense ETF Stock Performance

SPDR S&P Aerospace & Defense ETF stock opened at $222.64 on Thursday. The business’s 50-day simple moving average is $246.89 and its two-hundred day simple moving average is $263.36. The company has a market cap of $5.31 billion, a PE ratio of 35.83 and a beta of 1.03. SPDR S&P Aerospace & Defense ETF has a fifty-two week low of $215.02 and a fifty-two week high of $297.79.

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.