69,827 Shares of SPDR S&P Aerospace & Defense ETF $XAR Purchased by Cumberland Advisors Inc.

Cumberland Advisors Inc. acquired a new stake in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 69,827 shares of the company’s stock, valued at approximately $16,147,000. SPDR S&P Aerospace & Defense ETF accounts for about 5.8% of Cumberland Advisors Inc.’s investment portfolio, making the stock its 3rd biggest holding. Cumberland Advisors Inc. owned 0.31% of SPDR S&P Aerospace & Defense ETF at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Timbuktu Capital Management LLC purchased a new stake in SPDR S&P Aerospace & Defense ETF during the 2nd quarter worth approximately $28,000. Glenmede Trust Co. NA acquired a new stake in SPDR S&P Aerospace & Defense ETF during the 1st quarter worth approximately $30,000. Investors Research Corp lifted its holdings in SPDR S&P Aerospace & Defense ETF by 105.0% during the 2nd quarter. Investors Research Corp now owns 164 shares of the company’s stock worth $47,000 after buying an additional 84 shares in the last quarter. Mather Group LLC. purchased a new position in SPDR S&P Aerospace & Defense ETF in the 3rd quarter valued at approximately $39,000. Finally, Latitude Advisors LLC purchased a new position in SPDR S&P Aerospace & Defense ETF in the 3rd quarter valued at approximately $46,000.

SPDR S&P Aerospace & Defense ETF Stock Up 1.3%

NYSEARCA:XAR opened at $234.07 on Wednesday. The company has a fifty day simple moving average of $237.20 and a two-hundred day simple moving average of $264.35. The company has a market cap of $5.27 billion, a price-to-earnings ratio of 35.83 and a beta of 1.07. SPDR S&P Aerospace & Defense ETF has a 52 week low of $210.14 and a 52 week high of $297.79.

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.