Retirement Planning Group LLC Acquires New Holdings in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

Retirement Planning Group LLC bought a new stake in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 39,709 shares of the company’s stock, valued at approximately $5,559,000. Retirement Planning Group LLC owned about 0.26% of SPDR S&P Aerospace & Defense ETF at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. WASHINGTON TRUST Co purchased a new stake in shares of SPDR S&P Aerospace & Defense ETF during the 1st quarter valued at $35,000. Geneos Wealth Management Inc. boosted its holdings in SPDR S&P Aerospace & Defense ETF by 111.5% in the fourth quarter. Geneos Wealth Management Inc. now owns 332 shares of the company’s stock worth $45,000 after acquiring an additional 175 shares in the last quarter. Solstein Capital LLC purchased a new stake in shares of SPDR S&P Aerospace & Defense ETF during the first quarter worth about $46,000. Mather Group LLC. purchased a new stake in shares of SPDR S&P Aerospace & Defense ETF during the second quarter worth about $49,000. Finally, ICA Group Wealth Management LLC acquired a new position in shares of SPDR S&P Aerospace & Defense ETF during the fourth quarter valued at about $53,000.

SPDR S&P Aerospace & Defense ETF Stock Performance

XAR stock traded up $0.88 during trading on Friday, reaching $146.84. The company had a trading volume of 48,211 shares, compared to its average volume of 76,503. The company has a market cap of $2.21 billion, a price-to-earnings ratio of 30.33 and a beta of 0.85. SPDR S&P Aerospace & Defense ETF has a twelve month low of $108.32 and a twelve month high of $152.31. The firm has a 50-day simple moving average of $143.33 and a 200-day simple moving average of $139.29.

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.