OneAscent Wealth Management LLC Acquires 181 Shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

OneAscent Wealth Management LLC boosted its stake in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 6.6% in the first quarter, HoldingsChannel reports. The firm owned 2,929 shares of the company’s stock after purchasing an additional 181 shares during the quarter. OneAscent Wealth Management LLC’s holdings in SPDR S&P Aerospace & Defense ETF were worth $412,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Glass Jacobson Investment Advisors llc boosted its stake in 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 valued at $33,000 after purchasing an additional 142 shares during the period. CVA Family Office LLC acquired a new position in shares of SPDR S&P Aerospace & Defense ETF in the fourth quarter valued at about $34,000. Geneos Wealth Management Inc. increased its position in 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 acquiring an additional 175 shares during the period. ICA Group Wealth Management LLC bought a new position in SPDR S&P Aerospace & Defense ETF during the fourth quarter worth about $53,000. Finally, Park Place Capital Corp acquired a new stake in SPDR S&P Aerospace & Defense ETF in the 4th quarter worth about $54,000.

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

Shares of NYSEARCA:XAR traded down $0.64 on Friday, reaching $139.98. 38,851 shares of the company’s stock were exchanged, compared to its average volume of 73,092. SPDR S&P Aerospace & Defense ETF has a twelve month low of $108.32 and a twelve month high of $145.38. The company has a fifty day moving average of $140.88 and a 200-day moving average of $136.67. The company has a market capitalization of $2.10 billion, a price-to-earnings ratio of 30.33 and a beta of 0.85.

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.