Wealthfront Advisers LLC Has $8.41 Million Stake in SPDR S&P Aerospace & Defense ETF $XAR

Wealthfront Advisers LLC grew its position in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 23.0% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 33,116 shares of the company’s stock after purchasing an additional 6,191 shares during the period. Wealthfront Advisers LLC owned approximately 0.14% of SPDR S&P Aerospace & Defense ETF worth $8,411,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Turtle Creek Wealth Advisors LLC acquired a new stake in SPDR S&P Aerospace & Defense ETF in the 1st quarter valued at approximately $28,000. Strive Financial Group LLC acquired a new position in SPDR S&P Aerospace & Defense ETF during the 4th quarter worth approximately $30,000. Darwin Wealth Management LLC acquired a new position in SPDR S&P Aerospace & Defense ETF during the 2nd quarter worth approximately $43,000. Key Financial Inc acquired a new position in SPDR S&P Aerospace & Defense ETF during the 4th quarter worth approximately $50,000. Finally, Assetmark Inc. grew its stake in shares of SPDR S&P Aerospace & Defense ETF by 121.8% during the 4th quarter. Assetmark Inc. now owns 244 shares of the company’s stock worth $59,000 after acquiring an additional 134 shares in the last quarter.

SPDR S&P Aerospace & Defense ETF Stock Down 0.2%

Shares of XAR opened at $258.57 on Friday. SPDR S&P Aerospace & Defense ETF has a twelve month low of $208.77 and a twelve month high of $295.39. The stock has a market capitalization of $5.84 billion, a P/E ratio of 35.83 and a beta of 1.00. The company has a 50 day moving average of $274.95 and a 200-day moving average of $271.82.

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.