Beacon Financial Advisory LLC Takes $218,000 Position in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

Beacon Financial Advisory LLC purchased a new stake in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 2,493 shares of the company’s stock, valued at approximately $218,000.

Several other institutional investors have also recently made changes to their positions in the company. Bank of America Corp DE increased its stake in shares of SPDR S&P Aerospace & Defense ETF by 11.5% during the fourth quarter. Bank of America Corp DE now owns 492,476 shares of the company’s stock valued at $53,734,000 after buying an additional 50,915 shares during the period. Wells Fargo & Company MN increased its stake in shares of SPDR S&P Aerospace & Defense ETF by 10.6% during the first quarter. Wells Fargo & Company MN now owns 383,221 shares of the company’s stock valued at $29,160,000 after buying an additional 36,674 shares during the period. HBK Investments L P increased its stake in shares of SPDR S&P Aerospace & Defense ETF by 45.0% during the first quarter. HBK Investments L P now owns 228,794 shares of the company’s stock valued at $17,409,000 after buying an additional 71,000 shares during the period. Advisor Group Holdings Inc. purchased a new position in shares of SPDR S&P Aerospace & Defense ETF during the first quarter valued at $11,771,000. Finally, PNC Financial Services Group Inc. increased its stake in shares of SPDR S&P Aerospace & Defense ETF by 272.2% during the first quarter. PNC Financial Services Group Inc. now owns 144,649 shares of the company’s stock valued at $11,006,000 after buying an additional 105,781 shares during the period.

Shares of SPDR S&P Aerospace & Defense ETF stock traded down $1.43 during trading on Tuesday, hitting $86.07. 563 shares of the stock traded hands, compared to its average volume of 257,568. SPDR S&P Aerospace & Defense ETF has a 52-week low of $60.27 and a 52-week high of $119.48. The stock’s fifty day simple moving average is $87.61 and its 200 day simple moving average is $94.24.

Recommended Story: Support Level

Institutional Ownership by Quarter for SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

Receive News & Ratings for SPDR S&P Aerospace & Defense ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P Aerospace & Defense ETF and related companies with MarketBeat.com's FREE daily email newsletter.