Murphy & Mullick Capital Management Corp Acquires New Shares in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

Murphy & Mullick Capital Management Corp bought a new position in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 1,016 shares of the company’s stock, valued at approximately $168,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. PKS Advisory Services LLC purchased a new stake in SPDR S&P Aerospace & Defense ETF during the 4th quarter valued at $213,000. Signature Estate & Investment Advisors LLC grew its holdings in shares of SPDR S&P Aerospace & Defense ETF by 2.5% in the fourth quarter. Signature Estate & Investment Advisors LLC now owns 10,401 shares of the company’s stock worth $1,725,000 after acquiring an additional 249 shares during the period. CoreFirst Bank & Trust purchased a new stake in SPDR S&P Aerospace & Defense ETF during the fourth quarter valued at $143,000. LPL Financial LLC lifted its holdings in SPDR S&P Aerospace & Defense ETF by 15.3% in the fourth quarter. LPL Financial LLC now owns 1,190,664 shares of the company’s stock valued at $197,436,000 after acquiring an additional 157,742 shares during the period. Finally, Optimum Investment Advisors boosted its position in SPDR S&P Aerospace & Defense ETF by 17.5% in the fourth quarter. Optimum Investment Advisors now owns 1,346 shares of the company’s stock worth $223,000 after purchasing an additional 200 shares during the last quarter.

SPDR S&P Aerospace & Defense ETF Stock Down 2.1 %

NYSEARCA XAR opened at $166.72 on Thursday. The company has a 50-day moving average price of $168.59 and a 200-day moving average price of $165.27. SPDR S&P Aerospace & Defense ETF has a 52 week low of $131.78 and a 52 week high of $181.39. The firm has a market capitalization of $2.69 billion, a P/E ratio of 28.68 and a beta of 1.13.

SPDR S&P Aerospace & Defense ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, March 26th. Shareholders of record on Monday, March 24th were given a $0.1897 dividend. The ex-dividend date was Monday, March 24th. This is an increase from SPDR S&P Aerospace & Defense ETF’s previous dividend of $0.16.

About SPDR S&P Aerospace & Defense ETF

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.