Retirement Planning Group LLC Boosts Holdings in SPDR S&P Aerospace & Defense ETF $XAR

Retirement Planning Group LLC boosted its holdings in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 27.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 10,827 shares of the company’s stock after buying an additional 2,313 shares during the quarter. Retirement Planning Group LLC’s holdings in SPDR S&P Aerospace & Defense ETF were worth $2,750,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in XAR. Pinnacle Wealth Management Advisory Group LLC raised its position 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 worth $590,000 after acquiring an additional 45 shares during the period. Acorn Financial Advisory Services Inc. ADV grew its position in shares of 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 valued at $523,000 after acquiring an additional 47 shares during the period. O Shaughnessy Asset Management LLC grew 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 valued at $102,000 after acquiring an additional 47 shares during the period. Crescent Sterling Ltd. increased its stake in shares of SPDR S&P Aerospace & Defense ETF by 3.9% in the 4th quarter. Crescent Sterling Ltd. now owns 1,289 shares of the company’s stock worth $311,000 after purchasing an additional 48 shares in the last quarter. Finally, Meridian Wealth Management LLC raised its holdings in SPDR S&P Aerospace & Defense ETF by 1.5% in the 4th quarter. Meridian Wealth Management LLC now owns 3,319 shares of the company’s stock worth $801,000 after purchasing an additional 49 shares during the period.

SPDR S&P Aerospace & Defense ETF Stock Performance

Shares of SPDR S&P Aerospace & Defense ETF stock opened at $264.17 on Tuesday. The stock has a market cap of $6.00 billion, a P/E ratio of 35.83 and a beta of 1.00. The stock’s fifty day moving average is $274.95 and its 200 day moving average is $271.60. SPDR S&P Aerospace & Defense ETF has a one year low of $208.77 and a one year high of $295.39.

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.