Global View Capital Management LLC grew its holdings in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR – Free Report) by 34.1% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 9,740 shares of the company’s stock after purchasing an additional 2,475 shares during the period. SPDR S&P Aerospace & Defense ETF comprises approximately 0.5% of Global View Capital Management LLC’s investment portfolio, making the stock its 24th biggest holding. Global View Capital Management LLC’s holdings in SPDR S&P Aerospace & Defense ETF were worth $2,252,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Wealthcare Advisory Partners LLC lifted its position in shares of SPDR S&P Aerospace & Defense ETF by 3.2% in the second quarter. Wealthcare Advisory Partners LLC now owns 1,411 shares of the company’s stock worth $401,000 after purchasing an additional 44 shares in the last quarter. Pacific Sun Financial Corp grew its position in SPDR S&P Aerospace & Defense ETF by 0.3% in the first quarter. Pacific Sun Financial Corp now owns 17,910 shares of the company’s stock valued at $4,549,000 after purchasing an additional 45 shares in the last quarter. NFSG Corp grew its position in SPDR S&P Aerospace & Defense ETF by 7.6% in the third quarter. NFSG Corp now owns 640 shares of the company’s stock valued at $148,000 after purchasing an additional 45 shares in the last quarter. NWF Advisory Services Inc. increased its stake in SPDR S&P Aerospace & Defense ETF by 2.9% in the 2nd quarter. NWF Advisory Services Inc. now owns 1,761 shares of the company’s stock valued at $500,000 after buying an additional 50 shares during the last quarter. Finally, Farther Finance Advisors LLC increased its stake in SPDR S&P Aerospace & Defense ETF by 2.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 2,626 shares of the company’s stock valued at $607,000 after buying an additional 52 shares during the last quarter.
SPDR S&P Aerospace & Defense ETF Trading Down 3.4%
Shares of XAR stock opened at $227.37 on Friday. The firm’s fifty day moving average price is $238.66 and its two-hundred day moving average price is $264.86. SPDR S&P Aerospace & Defense ETF has a 1 year low of $210.14 and a 1 year high of $297.79. The firm has a market capitalization of $5.09 billion, a P/E ratio of 35.83 and a beta of 1.03.
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.
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