Evolution Wealth Advisors LLC Has $1.28 Million Holdings in SPDR S&P Aerospace & Defense ETF $XAR

Evolution Wealth Advisors LLC boosted its holdings in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 119.9% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,465 shares of the company’s stock after purchasing an additional 2,980 shares during the quarter. Evolution Wealth Advisors LLC’s holdings in SPDR S&P Aerospace & Defense ETF were worth $1,284,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Harbor Investment Advisory LLC acquired a new stake in shares of SPDR S&P Aerospace & Defense ETF in the third quarter valued at approximately $28,000. Darwin Wealth Management LLC acquired a new position in SPDR S&P Aerospace & Defense ETF in the 2nd quarter valued at $43,000. Centricity Wealth Management LLC lifted its position in shares of SPDR S&P Aerospace & Defense ETF by 100.0% during the 2nd quarter. Centricity Wealth Management LLC now owns 230 shares of the company’s stock valued at $49,000 after acquiring an additional 115 shares during the period. Valley National Advisers Inc. grew its holdings in shares of SPDR S&P Aerospace & Defense ETF by 156.4% during 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. Finally, Glass Jacobson Investment Advisors llc increased its position in shares of SPDR S&P Aerospace & Defense ETF by 30.4% in the second quarter. Glass Jacobson Investment Advisors llc now owns 296 shares of the company’s stock worth $62,000 after purchasing an additional 69 shares during the period.

SPDR S&P Aerospace & Defense ETF Stock Up 1.1%

XAR stock opened at $292.74 on Friday. SPDR S&P Aerospace & Defense ETF has a 52 week low of $137.09 and a 52 week high of $294.45. The business has a 50-day simple moving average of $242.69 and a 200 day simple moving average of $231.53. The company has a market cap of $6.05 billion, a PE ratio of 35.83 and a beta of 1.13.

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.