First Growth Capital LLC Buys New Shares in SPDR S&P Aerospace & Defense ETF $XAR

First Growth Capital LLC acquired a new position in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 4,683 shares of the company’s stock, valued at approximately $1,250,000. SPDR S&P Aerospace & Defense ETF makes up about 1.2% of First Growth Capital LLC’s investment portfolio, making the stock its 14th biggest position.

Several other institutional investors and hedge funds also recently modified their holdings of the stock. NewEdge Advisors LLC raised its holdings in shares of SPDR S&P Aerospace & Defense ETF by 0.8% during the 1st quarter. NewEdge Advisors LLC now owns 8,257 shares of the company’s stock valued at $1,327,000 after buying an additional 67 shares during the period. Empowered Funds LLC purchased a new position in SPDR S&P Aerospace & Defense ETF in the 1st quarter worth approximately $1,582,000. Jane Street Group LLC grew its position in SPDR S&P Aerospace & Defense ETF by 10.0% in the first quarter. Jane Street Group LLC now owns 18,380 shares of the company’s stock valued at $2,953,000 after acquiring an additional 1,667 shares in the last quarter. EverSource Wealth Advisors LLC grew its position in SPDR S&P Aerospace & Defense ETF by 30.8% in the second quarter. EverSource Wealth Advisors LLC now owns 540 shares of the company’s stock valued at $114,000 after acquiring an additional 127 shares in the last quarter. Finally, Walleye Capital LLC purchased a new stake in shares of SPDR S&P Aerospace & Defense ETF during the second quarter valued at approximately $589,000.

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

NYSEARCA XAR opened at $284.29 on Friday. The company’s fifty day simple moving average is $270.97 and its 200-day simple moving average is $266.37. SPDR S&P Aerospace & Defense ETF has a 52 week low of $196.00 and a 52 week high of $295.39. The stock has a market cap of $6.50 billion, a P/E ratio of 35.83 and a beta of 0.99.

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.