Magnus Financial Group LLC Acquires Shares of 1,873 SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

Magnus Financial Group LLC bought a new position in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 1,873 shares of the company’s stock, valued at approximately $254,000.

A number of other institutional investors have also made changes to their positions in the business. Fifth Third Bancorp bought a new position in SPDR S&P Aerospace & Defense ETF in the 3rd quarter valued at about $25,000. Glass Jacobson Investment Advisors llc increased its stake in shares of SPDR S&P Aerospace & Defense ETF by 142.0% during the fourth quarter. Glass Jacobson Investment Advisors llc now owns 242 shares of the company’s stock worth $33,000 after purchasing an additional 142 shares during the period. CVA Family Office LLC acquired a new stake in SPDR S&P Aerospace & Defense ETF during the 4th quarter worth approximately $34,000. Geneos Wealth Management Inc. boosted its stake in SPDR S&P Aerospace & Defense ETF by 111.5% in the 4th quarter. Geneos Wealth Management Inc. now owns 332 shares of the company’s stock valued at $45,000 after purchasing an additional 175 shares during the period. Finally, Park Place Capital Corp bought a new stake in SPDR S&P Aerospace & Defense ETF in the 4th quarter valued at $54,000.

SPDR S&P Aerospace & Defense ETF Price Performance

XAR stock opened at $137.33 on Tuesday. SPDR S&P Aerospace & Defense ETF has a fifty-two week low of $108.32 and a fifty-two week high of $142.78. The stock has a market capitalization of $2.07 billion, a price-to-earnings ratio of 29.37 and a beta of 0.84. The business’s fifty day moving average price is $136.88 and its two-hundred day moving average price is $130.78.

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.