Strategic Financial Concepts LLC Purchases 210 Shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

Strategic Financial Concepts LLC boosted its holdings in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 7.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,010 shares of the company’s stock after buying an additional 210 shares during the quarter. Strategic Financial Concepts LLC’s holdings in SPDR S&P Aerospace & Defense ETF were worth $423,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Fifth Third Bancorp bought a new stake in shares of SPDR S&P Aerospace & Defense ETF in the 3rd quarter valued at about $25,000. Glass Jacobson Investment Advisors llc lifted its position in shares of SPDR S&P Aerospace & Defense ETF by 142.0% in the 4th quarter. Glass Jacobson Investment Advisors llc now owns 242 shares of the company’s stock worth $33,000 after purchasing an additional 142 shares during the period. CVA Family Office LLC bought a new stake in shares of SPDR S&P Aerospace & Defense ETF in the 4th quarter valued at $34,000. Geneos Wealth Management Inc. increased its position in shares of SPDR S&P Aerospace & Defense ETF by 111.5% during the fourth quarter. Geneos Wealth Management Inc. now owns 332 shares of the company’s stock worth $45,000 after buying an additional 175 shares during the period. Finally, ICA Group Wealth Management LLC acquired a new stake in shares of SPDR S&P Aerospace & Defense ETF during the fourth quarter worth $53,000.

SPDR S&P Aerospace & Defense ETF Trading Down 0.9 %

XAR stock traded down $1.30 during midday trading on Tuesday, hitting $136.03. The stock had a trading volume of 71,464 shares, compared to its average volume of 78,095. The firm has a market cap of $2.05 billion, a P/E ratio of 29.37 and a beta of 0.84. The business has a fifty day moving average price of $136.91 and a two-hundred day moving average price of $130.92. SPDR S&P Aerospace & Defense ETF has a 1-year low of $108.32 and a 1-year high of $142.78.

About SPDR S&P Aerospace & Defense ETF

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.