2,194 SPDR S&P Aerospace & Defense ETF $XAR Shares Purchased by Cornerstone Wealth Management LLC

Cornerstone Wealth Management LLC increased its holdings in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 17.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 14,970 shares of the company’s stock after buying an additional 2,194 shares during the quarter. Cornerstone Wealth Management LLC owned about 0.07% of SPDR S&P Aerospace & Defense ETF worth $3,462,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of XAR. Rinkey Investments purchased a new stake in SPDR S&P Aerospace & Defense ETF in the 2nd quarter worth approximately $20,186,000. Confluence Investment Management LLC acquired a new stake in shares of SPDR S&P Aerospace & Defense ETF during the 3rd quarter worth approximately $14,634,000. Piedmont Capital Management LLC purchased a new position in shares of SPDR S&P Aerospace & Defense ETF during the 2nd quarter valued at approximately $26,305,000. Fifth Third Securities Inc. purchased a new position in shares of SPDR S&P Aerospace & Defense ETF during the 3rd quarter valued at approximately $3,943,000. Finally, Advisory Solutions Group LLC purchased a new position in shares of SPDR S&P Aerospace & Defense ETF during the 2nd quarter valued at approximately $596,000.

SPDR S&P Aerospace & Defense ETF Stock Performance

Shares of NYSEARCA XAR opened at $240.07 on Thursday. The company’s fifty day moving average price is $233.38 and its 200 day moving average price is $262.63. SPDR S&P Aerospace & Defense ETF has a 1 year low of $210.14 and a 1 year high of $297.79. The company has a market capitalization of $5.38 billion, a PE ratio of 35.83 and a beta of 1.07.

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.