WealthBridge Capital Management LLC Takes $315,000 Position in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

WealthBridge Capital Management LLC bought a new stake in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 2,000 shares of the company’s stock, valued at approximately $315,000.

Several other large investors have also recently added to or reduced their stakes in XAR. Anchor Investment Management LLC lifted its holdings in shares of SPDR S&P Aerospace & Defense ETF by 4,300.0% during the 2nd quarter. Anchor Investment Management LLC now owns 880 shares of the company’s stock valued at $123,000 after buying an additional 860 shares during the last quarter. Sanctuary Advisors LLC bought a new position in shares of SPDR S&P Aerospace & Defense ETF in the 2nd quarter valued at approximately $405,000. Founders Financial Alliance LLC lifted its holdings in SPDR S&P Aerospace & Defense ETF by 5.0% in the 2nd quarter. Founders Financial Alliance LLC now owns 2,244 shares of the company’s stock worth $314,000 after purchasing an additional 106 shares during the last quarter. EP Wealth Advisors LLC bought a new stake in SPDR S&P Aerospace & Defense ETF during the second quarter worth approximately $126,000. Finally, B. Riley Wealth Advisors Inc. grew its holdings in SPDR S&P Aerospace & Defense ETF by 4.5% during the second quarter. B. Riley Wealth Advisors Inc. now owns 8,248 shares of the company’s stock valued at $1,155,000 after purchasing an additional 358 shares during the last quarter.

SPDR S&P Aerospace & Defense ETF Stock Down 0.5 %

NYSEARCA:XAR opened at $158.55 on Tuesday. The firm has a market cap of $2.38 billion, a price-to-earnings ratio of 30.33 and a beta of 0.85. SPDR S&P Aerospace & Defense ETF has a 12 month low of $111.86 and a 12 month high of $160.13. The company’s 50 day moving average is $151.63 and its 200-day moving average is $144.46.

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.