SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) Position Boosted by Private Advisor Group LLC

Private Advisor Group LLC grew its holdings in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 13.6% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 21,861 shares of the company’s stock after acquiring an additional 2,617 shares during the quarter. Private Advisor Group LLC’s holdings in SPDR S&P Aerospace & Defense ETF were worth $3,625,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in XAR. Strategic Financial Concepts LLC bought a new stake in shares of SPDR S&P Aerospace & Defense ETF during the fourth quarter valued at about $19,962,000. Howard Capital Management Group LLC increased its stake in SPDR S&P Aerospace & Defense ETF by 21.1% during the 3rd 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. Bank of Montreal Can increased its stake in SPDR S&P Aerospace & Defense ETF by 1,273.8% during the 3rd quarter. Bank of Montreal Can now owns 29,179 shares of the company’s stock valued at $4,575,000 after buying an additional 27,055 shares during the period. Kingsview Wealth Management LLC raised its position in shares of SPDR S&P Aerospace & Defense ETF by 51.3% during the 4th quarter. Kingsview Wealth Management LLC now owns 76,176 shares of the company’s stock worth $12,632,000 after buying an additional 25,812 shares in the last quarter. Finally, PNC Financial Services Group Inc. lifted its stake in shares of SPDR S&P Aerospace & Defense ETF by 20.7% in the 3rd quarter. PNC Financial Services Group Inc. now owns 142,454 shares of the company’s stock worth $22,414,000 after acquiring an additional 24,404 shares during the period.

SPDR S&P Aerospace & Defense ETF Price Performance

SPDR S&P Aerospace & Defense ETF stock opened at $162.69 on Monday. SPDR S&P Aerospace & Defense ETF has a 12-month low of $131.78 and a 12-month high of $181.38. The stock has a market capitalization of $2.44 billion, a PE ratio of 30.33 and a beta of 0.85. The firm has a 50 day simple moving average of $170.63 and a 200-day simple moving average of $163.29.

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.