Horizon Wealth Management LLC Acquires 44,296 Shares of SPDR S&P Aerospace & Defense ETF $XAR

Horizon Wealth Management LLC grew its holdings in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 207.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 65,645 shares of the company’s stock after buying an additional 44,296 shares during the quarter. SPDR S&P Aerospace & Defense ETF accounts for approximately 2.4% of Horizon Wealth Management LLC’s holdings, making the stock its 17th biggest holding. Horizon Wealth Management LLC owned approximately 0.29% of SPDR S&P Aerospace & Defense ETF worth $16,672,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in XAR. Strive Financial Group LLC bought a new stake in SPDR S&P Aerospace & Defense ETF during the fourth quarter worth approximately $30,000. Milestone Investment Advisors LLC bought a new stake in shares of SPDR S&P Aerospace & Defense ETF in the 3rd quarter valued at approximately $32,000. Darwin Wealth Management LLC purchased a new position in shares of SPDR S&P Aerospace & Defense ETF in the 2nd quarter worth approximately $43,000. Key Financial Inc purchased a new position in shares of SPDR S&P Aerospace & Defense ETF in the 4th quarter worth approximately $50,000. Finally, Assetmark Inc. increased its position in shares of SPDR S&P Aerospace & Defense ETF by 121.8% during the 4th quarter. Assetmark Inc. now owns 244 shares of the company’s stock valued at $59,000 after purchasing an additional 134 shares during the last quarter.

SPDR S&P Aerospace & Defense ETF Stock Up 0.5%

Shares of XAR opened at $285.11 on Thursday. The business has a fifty day moving average of $271.82 and a 200 day moving average of $269.35. The company has a market cap of $6.50 billion, a PE ratio of 35.83 and a beta of 1.00. SPDR S&P Aerospace & Defense ETF has a 52-week low of $204.19 and a 52-week high of $295.39.

SPDR S&P Aerospace & Defense ETF Company 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.