Obsidian Personal Planning Solutions LLC Has $5.35 Million Stock Position in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

Obsidian Personal Planning Solutions LLC lifted its holdings in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 10.2% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 34,782 shares of the company’s stock after buying an additional 3,218 shares during the period. SPDR S&P Aerospace & Defense ETF comprises about 2.6% of Obsidian Personal Planning Solutions LLC’s portfolio, making the stock its 14th biggest holding. Obsidian Personal Planning Solutions LLC owned about 0.23% of SPDR S&P Aerospace & Defense ETF worth $5,350,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the business. LPL Financial LLC lifted its stake in shares of SPDR S&P Aerospace & Defense ETF by 2.7% in the 2nd quarter. LPL Financial LLC now owns 1,065,669 shares of the company’s stock valued at $149,172,000 after purchasing an additional 28,069 shares during the period. Envestnet Asset Management Inc. grew its position in shares of SPDR S&P Aerospace & Defense ETF by 8.3% in the second quarter. Envestnet Asset Management Inc. now owns 335,968 shares of the company’s stock valued at $47,029,000 after purchasing an additional 25,649 shares in the last quarter. Wulff Hansen & CO. purchased a new position in shares of SPDR S&P Aerospace & Defense ETF in the second quarter valued at $41,479,000. Howard Capital Management Group LLC boosted its stake in SPDR S&P Aerospace & Defense ETF by 21.1% during the third quarter. Howard Capital Management Group LLC now owns 179,472 shares of the company’s stock valued at $28,238,000 after buying an additional 31,277 shares during the period. Finally, Commonwealth Equity Services LLC boosted its stake in SPDR S&P Aerospace & Defense ETF by 1.0% during the second quarter. Commonwealth Equity Services LLC now owns 121,818 shares of the company’s stock valued at $17,052,000 after buying an additional 1,221 shares during the period.

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

Shares of XAR stock opened at $164.75 on Friday. SPDR S&P Aerospace & Defense ETF has a 12-month low of $123.59 and a 12-month high of $175.28. The business has a 50-day moving average price of $158.69 and a two-hundred day moving average price of $149.66. The firm has a market cap of $2.47 billion, a P/E ratio of 30.33 and a beta of 0.85.

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.