Rappaport Reiches Capital Management LLC Purchases 182 Shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

Rappaport Reiches Capital Management LLC increased its position in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 3.7% in the 3rd quarter, Holdings Channel reports. The firm owned 5,141 shares of the company’s stock after buying an additional 182 shares during the quarter. Rappaport Reiches Capital Management LLC’s holdings in SPDR S&P Aerospace & Defense ETF were worth $809,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. LPL Financial LLC lifted its position in SPDR S&P Aerospace & Defense ETF by 2.7% in the second quarter. LPL Financial LLC now owns 1,065,669 shares of the company’s stock worth $149,172,000 after purchasing an additional 28,069 shares during the period. Scarborough Advisors LLC bought a new position in shares of SPDR S&P Aerospace & Defense ETF during the fourth quarter valued at $67,233,000. Envestnet Asset Management Inc. lifted its holdings in shares of SPDR S&P Aerospace & Defense ETF by 8.3% during the second quarter. Envestnet Asset Management Inc. now owns 335,968 shares of the company’s stock valued at $47,029,000 after acquiring an additional 25,649 shares during the period. Wulff Hansen & CO. bought a new position in shares of SPDR S&P Aerospace & Defense ETF during the second quarter valued at $41,479,000. Finally, Howard Capital Management Group LLC lifted its holdings in shares of SPDR S&P Aerospace & Defense ETF by 14.3% during the second quarter. Howard Capital Management Group LLC now owns 148,195 shares of the company’s stock valued at $20,744,000 after acquiring an additional 18,545 shares during the period.

SPDR S&P Aerospace & Defense ETF Stock Performance

Shares of NYSEARCA XAR opened at $157.00 on Friday. The stock has a market cap of $2.36 billion, a PE ratio of 30.33 and a beta of 0.85. The business has a fifty day moving average of $152.18 and a two-hundred day moving average of $144.83. SPDR S&P Aerospace & Defense ETF has a 52-week low of $111.86 and a 52-week high of $160.13.

SPDR S&P Aerospace & Defense ETF 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.