Clarus Wealth Advisors Has $1.46 Million Stock Holdings in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

Clarus Wealth Advisors boosted its position in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XARFree Report) by 9.2% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 12,147 shares of the company’s stock after purchasing an additional 1,027 shares during the period. SPDR S&P Aerospace & Defense ETF comprises about 0.9% of Clarus Wealth Advisors’ investment portfolio, making the stock its 29th biggest position. Clarus Wealth Advisors owned 0.09% of SPDR S&P Aerospace & Defense ETF worth $1,460,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the company. Bank of New York Mellon Corp grew its position in SPDR S&P Aerospace & Defense ETF by 21.9% during the 1st quarter. Bank of New York Mellon Corp now owns 2,438 shares of the company’s stock worth $304,000 after acquiring an additional 438 shares during the last quarter. HighTower Advisors LLC boosted its stake in SPDR S&P Aerospace & Defense ETF by 11.4% in the first quarter. HighTower Advisors LLC now owns 12,068 shares of the company’s stock worth $1,505,000 after purchasing an additional 1,233 shares in the last quarter. Bank of Montreal Can raised its holdings in shares of SPDR S&P Aerospace & Defense ETF by 295.7% in the first quarter. Bank of Montreal Can now owns 1,579 shares of the company’s stock valued at $201,000 after buying an additional 1,180 shares during the last quarter. Synovus Financial Corp bought a new position in shares of SPDR S&P Aerospace & Defense ETF in the first quarter valued at about $548,000. Finally, Cibc World Market Inc. raised its holdings in shares of SPDR S&P Aerospace & Defense ETF by 61.6% in the first quarter. Cibc World Market Inc. now owns 5,746 shares of the company’s stock valued at $716,000 after buying an additional 2,190 shares during the last quarter.

SPDR S&P Aerospace & Defense ETF Stock Performance

Shares of NYSEARCA XAR traded down $0.34 during trading on Friday, reaching $116.56. The company had a trading volume of 107,148 shares, compared to its average volume of 69,327. SPDR S&P Aerospace & Defense ETF has a 52 week low of $91.37 and a 52 week high of $125.42. The business’s 50 day moving average price is $121.06 and its 200-day moving average price is $117.98. The stock has a market cap of $1.49 billion, a PE ratio of 21.50 and a beta of 1.09.

About SPDR S&P Aerospace & Defense ETF

(Free Report)

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.

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Institutional Ownership by Quarter for SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

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