SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) Shares Purchased by IFP Advisors Inc

IFP Advisors Inc lifted its position in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 102.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,831 shares of the company’s stock after acquiring an additional 3,461 shares during the period. IFP Advisors Inc’s holdings in SPDR S&P Aerospace & Defense ETF were worth $1,134,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in XAR. Strategic Financial Concepts LLC acquired a new stake in shares of SPDR S&P Aerospace & Defense ETF in the fourth quarter worth approximately $19,962,000. Howard Capital Management Group LLC boosted its stake in shares of SPDR S&P Aerospace & Defense ETF by 21.1% in the third quarter. Howard Capital Management Group LLC now owns 179,472 shares of the company’s stock worth $28,238,000 after acquiring an additional 31,277 shares during the last quarter. Bank of Montreal Can boosted its stake in shares of SPDR S&P Aerospace & Defense ETF by 1,273.8% in the third quarter. Bank of Montreal Can now owns 29,179 shares of the company’s stock worth $4,575,000 after acquiring an additional 27,055 shares during the last quarter. Kingsview Wealth Management LLC lifted its position in SPDR S&P Aerospace & Defense ETF by 51.3% during the fourth 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 position in SPDR S&P Aerospace & Defense ETF by 20.7% during the third quarter. PNC Financial Services Group Inc. now owns 142,454 shares of the company’s stock worth $22,414,000 after buying an additional 24,404 shares in the last quarter.

SPDR S&P Aerospace & Defense ETF Stock Performance

Shares of SPDR S&P Aerospace & Defense ETF stock opened at $163.50 on Thursday. SPDR S&P Aerospace & Defense ETF has a one year low of $131.78 and a one year high of $181.39. The company has a market cap of $2.69 billion, a price-to-earnings ratio of 27.49 and a beta of 1.13. The business’s 50 day moving average price is $170.29 and its 200 day moving average price is $163.65.

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.