Wealth Enhancement Advisory Services LLC Acquires 21,248 Shares of SPDR S&P Aerospace & Defense ETF $XAR

Wealth Enhancement Advisory Services LLC lifted its position in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 211.4% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 31,297 shares of the company’s stock after acquiring an additional 21,248 shares during the quarter. Wealth Enhancement Advisory Services LLC owned 0.18% of SPDR S&P Aerospace & Defense ETF worth $6,539,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Fiduciary Alliance LLC bought a new stake in shares of SPDR S&P Aerospace & Defense ETF in the 2nd quarter worth about $510,000. Reyes Financial Architecture Inc. lifted its holdings in shares of SPDR S&P Aerospace & Defense ETF by 34.2% in the 2nd quarter. Reyes Financial Architecture Inc. now owns 267 shares of the company’s stock worth $56,000 after acquiring an additional 68 shares during the last quarter. Rise Advisors LLC lifted its holdings in shares of SPDR S&P Aerospace & Defense ETF by 19.0% in the 2nd quarter. Rise Advisors LLC now owns 364 shares of the company’s stock worth $77,000 after acquiring an additional 58 shares during the last quarter. NBC Securities Inc. lifted its holdings in shares of SPDR S&P Aerospace & Defense ETF by 8.7% in the 2nd quarter. NBC Securities Inc. now owns 4,406 shares of the company’s stock worth $929,000 after acquiring an additional 351 shares during the last quarter. Finally, Somerset Trust Co lifted its holdings in shares of SPDR S&P Aerospace & Defense ETF by 73.9% in the 2nd quarter. Somerset Trust Co now owns 2,361 shares of the company’s stock worth $498,000 after acquiring an additional 1,003 shares during the last quarter.

SPDR S&P Aerospace & Defense ETF Trading Up 1.0%

SPDR S&P Aerospace & Defense ETF stock opened at $230.12 on Wednesday. The firm has a 50-day moving average price of $218.71 and a 200-day moving average price of $194.10. The firm has a market capitalization of $4.15 billion, a PE ratio of 35.83 and a beta of 1.09. SPDR S&P Aerospace & Defense ETF has a 12-month low of $137.09 and a 12-month high of $231.07.

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.