Stonebridge Financial Planning Group LLC Acquires New Holdings in SPDR S&P Aerospace & Defense ETF $XAR

Stonebridge Financial Planning Group LLC acquired a new stake in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 1,856 shares of the company’s stock, valued at approximately $392,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in XAR. LPL Financial LLC grew its position in shares of SPDR S&P Aerospace & Defense ETF by 1.0% in the first quarter. LPL Financial LLC now owns 1,202,709 shares of the company’s stock valued at $193,263,000 after purchasing an additional 12,045 shares during the last quarter. Envestnet Asset Management Inc. raised its position in shares of SPDR S&P Aerospace & Defense ETF by 247.5% during the 1st quarter. Envestnet Asset Management Inc. now owns 225,642 shares of the company’s stock worth $36,258,000 after purchasing an additional 160,704 shares during the last quarter. Howard Capital Management Group LLC raised its position in shares of SPDR S&P Aerospace & Defense ETF by 0.7% during the 2nd quarter. Howard Capital Management Group LLC now owns 188,672 shares of the company’s stock worth $39,798,000 after purchasing an additional 1,301 shares during the last quarter. Raymond James Financial Inc. raised its position in shares of SPDR S&P Aerospace & Defense ETF by 26.0% during the 1st quarter. Raymond James Financial Inc. now owns 168,110 shares of the company’s stock worth $27,014,000 after purchasing an additional 34,722 shares during the last quarter. Finally, Affinity Wealth Management LLC acquired a new position in shares of SPDR S&P Aerospace & Defense ETF during the 2nd quarter worth approximately $33,947,000.

SPDR S&P Aerospace & Defense ETF Price Performance

Shares of SPDR S&P Aerospace & Defense ETF stock opened at $241.97 on Wednesday. SPDR S&P Aerospace & Defense ETF has a 1 year low of $137.09 and a 1 year high of $254.09. The company has a market capitalization of $4.71 billion, a P/E ratio of 35.83 and a beta of 1.13. The business has a 50 day moving average price of $233.40 and a 200 day moving average price of $211.70.

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.