Beacon Bridge Wealth Partners LLC Raises Position in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

Beacon Bridge Wealth Partners LLC boosted its position in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 17.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,948 shares of the company’s stock after purchasing an additional 444 shares during the period. Beacon Bridge Wealth Partners LLC’s holdings in SPDR S&P Aerospace & Defense ETF were worth $413,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of XAR. Scarborough Advisors LLC purchased a new position in shares of SPDR S&P Aerospace & Defense ETF during the 4th quarter valued at $67,233,000. Howard Capital Management Group LLC lifted its position in shares of SPDR S&P Aerospace & Defense ETF by 14.3% during the 2nd quarter. Howard Capital Management Group LLC now owns 148,195 shares of the company’s stock valued at $20,744,000 after buying an additional 18,545 shares during the last quarter. PNC Financial Services Group Inc. lifted its position in shares of SPDR S&P Aerospace & Defense ETF by 89.2% during the 4th quarter. PNC Financial Services Group Inc. now owns 134,748 shares of the company’s stock valued at $18,248,000 after buying an additional 63,542 shares during the last quarter. Greenlight Capital Inc. purchased a new position in shares of SPDR S&P Aerospace & Defense ETF during the 4th quarter valued at $17,560,000. Finally, Commonwealth Equity Services LLC lifted its position in shares of SPDR S&P Aerospace & Defense ETF by 1.0% during the 2nd quarter. Commonwealth Equity Services LLC now owns 121,818 shares of the company’s stock valued at $17,052,000 after buying an additional 1,221 shares during the last quarter.

SPDR S&P Aerospace & Defense ETF Trading Up 0.1 %

Shares of XAR stock opened at $150.99 on Wednesday. SPDR S&P Aerospace & Defense ETF has a 12 month low of $108.32 and a 12 month high of $156.43. The stock has a market capitalization of $2.27 billion, a P/E ratio of 30.33 and a beta of 0.85. The firm’s 50 day moving average is $146.81 and its 200 day moving average is $141.78.

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.