Armstrong Advisory Group Inc. Buys 23,309 Shares of SPDR S&P Aerospace & Defense ETF $XAR

Armstrong Advisory Group Inc. raised its stake in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 4,096.5% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 23,878 shares of the company’s stock after buying an additional 23,309 shares during the quarter. Armstrong Advisory Group Inc. owned about 0.13% of SPDR S&P Aerospace & Defense ETF worth $5,610,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. TD Capital Management LLC purchased a new position in shares of SPDR S&P Aerospace & Defense ETF in the 1st quarter worth about $29,000. Darwin Wealth Management LLC purchased a new stake in shares of SPDR S&P Aerospace & Defense ETF during the second quarter valued at approximately $43,000. Centricity Wealth Management LLC increased its position in shares of SPDR S&P Aerospace & Defense ETF by 100.0% during the second quarter. Centricity Wealth Management LLC now owns 230 shares of the company’s stock valued at $49,000 after acquiring an additional 115 shares in the last quarter. Reyes Financial Architecture Inc. boosted its stake in SPDR S&P Aerospace & Defense ETF by 34.2% during the 2nd quarter. Reyes Financial Architecture Inc. now owns 267 shares of the company’s stock valued at $56,000 after purchasing an additional 68 shares during the last quarter. Finally, Valley National Advisers Inc. increased its holdings in shares of SPDR S&P Aerospace & Defense ETF by 156.4% in the 2nd quarter. Valley National Advisers Inc. now owns 282 shares of the company’s stock worth $59,000 after purchasing an additional 172 shares in the last quarter.

SPDR S&P Aerospace & Defense ETF Price Performance

XAR stock opened at $228.93 on Thursday. The stock has a market capitalization of $4.47 billion, a P/E ratio of 35.83 and a beta of 1.13. SPDR S&P Aerospace & Defense ETF has a 1-year low of $137.09 and a 1-year high of $254.09. The business has a fifty day moving average price of $235.60 and a 200-day moving average price of $222.50.

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.