Focus Partners Advisor Solutions LLC Invests $240,000 in SPDR S&P Aerospace & Defense ETF $XAR

Focus Partners Advisor Solutions LLC purchased a new position in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 1,137 shares of the company’s stock, valued at approximately $240,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in XAR. Capital Investment Advisory Services LLC lifted its holdings in shares of SPDR S&P Aerospace & Defense ETF by 29.3% during the 1st quarter. Capital Investment Advisory Services LLC now owns 3,720 shares of the company’s stock worth $598,000 after acquiring an additional 844 shares during the period. World Investment Advisors lifted its holdings in shares of SPDR S&P Aerospace & Defense ETF by 1.0% during the 1st quarter. World Investment Advisors now owns 10,033 shares of the company’s stock worth $1,612,000 after acquiring an additional 104 shares during the period. Envestnet Asset Management Inc. lifted its holdings in shares of SPDR S&P Aerospace & Defense ETF by 247.5% during the 1st quarter. Envestnet Asset Management Inc. now owns 225,642 shares of the company’s stock worth $36,258,000 after acquiring an additional 160,704 shares during the period. U.S. Capital Wealth Advisors LLC lifted its holdings in shares of SPDR S&P Aerospace & Defense ETF by 132.5% during the 1st quarter. U.S. Capital Wealth Advisors LLC now owns 3,115 shares of the company’s stock worth $501,000 after acquiring an additional 1,775 shares during the period. Finally, Moloney Securities Asset Management LLC lifted its holdings in shares of SPDR S&P Aerospace & Defense ETF by 5.1% during the 1st quarter. Moloney Securities Asset Management LLC now owns 2,284 shares of the company’s stock worth $367,000 after acquiring an additional 111 shares during the period.

SPDR S&P Aerospace & Defense ETF Price Performance

Shares of NYSEARCA:XAR opened at $248.55 on Friday. The company has a market cap of $4.84 billion, a price-to-earnings ratio of 35.83 and a beta of 1.13. The firm has a 50 day simple moving average of $232.34 and a 200 day simple moving average of $210.21. SPDR S&P Aerospace & Defense ETF has a one year low of $137.09 and a one year high of $254.09.

SPDR S&P Aerospace & Defense ETF Company 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.