JNBA Financial Advisors Makes New $956,000 Investment in SPDR S&P Aerospace & Defense ETF $XAR

JNBA Financial Advisors 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 SEC. The institutional investor acquired 3,369 shares of the company’s stock, valued at approximately $956,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Wealthcare Advisory Partners LLC grew its stake in shares of SPDR S&P Aerospace & Defense ETF by 3.2% during 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. Pinnacle Wealth Management Advisory Group LLC raised its stake in SPDR S&P Aerospace & Defense ETF by 2.0% in the first quarter. Pinnacle Wealth Management Advisory Group LLC now owns 2,322 shares of the company’s stock valued at $590,000 after buying an additional 45 shares in the last quarter. Pacific Sun Financial Corp lifted its holdings in SPDR S&P Aerospace & Defense ETF by 0.3% during the 1st quarter. Pacific Sun Financial Corp now owns 17,910 shares of the company’s stock worth $4,549,000 after buying an additional 45 shares during the last quarter. Acorn Financial Advisory Services Inc. ADV lifted its holdings in SPDR S&P Aerospace & Defense ETF by 2.2% during the 4th quarter. Acorn Financial Advisory Services Inc. ADV now owns 2,169 shares of the company’s stock worth $523,000 after buying an additional 47 shares during the last quarter. Finally, O Shaughnessy Asset Management LLC boosted its position in shares of SPDR S&P Aerospace & Defense ETF by 12.5% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 423 shares of the company’s stock worth $102,000 after acquiring an additional 47 shares in the last quarter.

SPDR S&P Aerospace & Defense ETF Stock Performance

NYSEARCA:XAR opened at $256.52 on Tuesday. SPDR S&P Aerospace & Defense ETF has a 1 year low of $211.80 and a 1 year high of $297.79. The stock has a market cap of $5.80 billion, a P/E ratio of 35.83 and a beta of 1.01. The stock has a 50-day simple moving average of $274.86 and a 200-day simple moving average of $272.45.

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.