Rinkey Expands ETF Portfolio
Rinkey Investments acquires a major $20.19 million stake in the Aerospace and Defense ETF.
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Key Points
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XAR's ownership snapshot shows several large holders: LPL Financial LLC now owns 1,286,887 SPDR S&P Aerospace & Defense ETF shares (about $310.45 million) after adding 68,722 shares; BNP Paribas Financial Markets holds 122,530 shares (~$28.79 million) after adding 77,870; and Corient Private Wealth LLC increased to 513,629 shares (~$123.91 million) after purchasing 489,444 more shares during the period.
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Rinkey's new position in GNR: 119,924 shares valued at about $8.072 million, representing roughly 1.8% of its holdings and making GNR its 16th largest position in the portfolio.
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In SPDW, Rinkey trimmed the position by 1.9% to 639,738 shares, worth about $32.236 million, keeping it the fund's 3rd largest holding and reflecting ongoing rebalancing.
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Rinkey opened a new stake in SCZ with 40,795 shares worth approximately $3.356 million, about 0.8% of the portfolio, positioning SCZ as its 27th largest holding.
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Additional context for XAR's market stance: XAR opened at $256.52, with a 1-year range of roughly $211.80 to $297.79, a 50-day moving average near $274.86, and a 200-day moving average around $... (figures referenced in the article).
Rinkey Investments is doubling down on defense and natural resources, investing $20.19 million in the SPDR S&P Aerospace & Defense ETF (XAR) while also opening new positions in commodities and small-cap international stocks. The aerospace bet marks XAR as the fund's 7th largest holding at 4.5% of its portfolio, signaling confidence in the sector watchlistnews.
The moves reflect a broader strategy of selective expansion into thematic ETFs. Rinkey simultaneously trimmed its exposure to developed international markets and added targeted stakes across multiple sectors, reshaping its portfolio allocation in Q2.
Aerospace Defense Bet Marks Major Portfolio Shift
Rinkey purchased 71,130 shares of XAR valued at approximately $20.2 million, making it a significant new position. At 4.5% of the portfolio, XAR jumped to the fund's 7th largest holding, according to tickerreport. The aerospace and defense sector has attracted other major investors. LPL Financial LLC now holds 1,286,887 XAR shares worth about $310.45 million after adding 68,722 shares during the period.
New Natural Resources Position Worth $8.1 Million
Rinkey opened a fresh stake in the SPDR S&P Global Natural Resources ETF (GNR), purchasing 119,924 shares valued at roughly $8.1 million. This position represents about 1.8% of the fund's portfolio and ranks as its 16th largest holding, according to tickerreport. The move broadens exposure beyond traditional equities into commodity-linked assets.
International Rebalancing: Trimming Developed Markets
Despite keeping SPDR Portfolio Developed World ex-US ETF (SPDW) as its 3rd largest holding, Rinkey cut the position by 1.9% to 639,738 shares worth $32.2 million, according to watchlistnews. The reduction signals a subtle shift away from broad developed-market exposure. Meanwhile, Rinkey added to its small-cap international play, initiating a position of 40,795 shares in the iShares MSCI EAFE Small-Cap ETF (SCZ) valued at $3.36 million.
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