Gerber Kawasaki Wealth & Investment Management Buys 3,929 Shares of SPDR S&P Aerospace & Defense ETF $XAR

Gerber Kawasaki Wealth & Investment Management raised its stake in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 3.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 118,640 shares of the company’s stock after acquiring an additional 3,929 shares during the period. SPDR S&P Aerospace & Defense ETF comprises approximately 1.0% of Gerber Kawasaki Wealth & Investment Management’s investment portfolio, making the stock its 29th largest holding. Gerber Kawasaki Wealth & Investment Management owned 0.56% of SPDR S&P Aerospace & Defense ETF worth $28,620,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. Assetmark Inc. lifted its stake in SPDR S&P Aerospace & Defense ETF by 71.9% during the 3rd quarter. Assetmark Inc. now owns 110 shares of the company’s stock valued at $26,000 after acquiring an additional 46 shares in the last quarter. Rothschild Investment LLC increased its position in shares of SPDR S&P Aerospace & Defense ETF by 138.0% during the 3rd quarter. Rothschild Investment LLC now owns 119 shares of the company’s stock valued at $28,000 after purchasing an additional 69 shares during the last quarter. Smartleaf Asset Management LLC purchased a new stake in shares of SPDR S&P Aerospace & Defense ETF during the 3rd quarter valued at $32,000. Milestone Investment Advisors LLC purchased a new stake in shares of SPDR S&P Aerospace & Defense ETF during the 3rd quarter valued at $32,000. Finally, Darwin Wealth Management LLC purchased a new stake in shares of SPDR S&P Aerospace & Defense ETF during the 2nd quarter valued at $43,000.

SPDR S&P Aerospace & Defense ETF Price Performance

Shares of SPDR S&P Aerospace & Defense ETF stock opened at $279.97 on Friday. SPDR S&P Aerospace & Defense ETF has a 1 year low of $195.70 and a 1 year high of $295.39. The firm has a market cap of $6.41 billion, a PE ratio of 35.83 and a beta of 0.99. The stock has a fifty day moving average price of $269.13 and a 200-day moving average price of $264.55.

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.