Level Four Advisory Services LLC Invests $216,000 in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

Level Four Advisory Services LLC acquired a new stake in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 1,303 shares of the company’s stock, valued at approximately $216,000.

Several other institutional investors also recently bought and sold shares of XAR. Sanctuary Advisors LLC boosted its holdings in shares of SPDR S&P Aerospace & Defense ETF by 14.1% in the fourth quarter. Sanctuary Advisors LLC now owns 2,415 shares of the company’s stock valued at $424,000 after acquiring an additional 299 shares in the last quarter. Steward Partners Investment Advisory LLC boosted its holdings in SPDR S&P Aerospace & Defense ETF by 5.7% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 3,118 shares of the company’s stock valued at $517,000 after purchasing an additional 168 shares in the last quarter. Raymond James Financial Inc. acquired a new position in SPDR S&P Aerospace & Defense ETF during the 4th quarter worth approximately $22,118,000. Allworth Financial LP raised its stake in shares of SPDR S&P Aerospace & Defense ETF by 36.5% during the 4th quarter. Allworth Financial LP now owns 617 shares of the company’s stock worth $110,000 after buying an additional 165 shares in the last quarter. Finally, World Investment Advisors LLC lifted its holdings in shares of SPDR S&P Aerospace & Defense ETF by 4.3% in the 3rd quarter. World Investment Advisors LLC now owns 9,838 shares of the company’s stock valued at $1,548,000 after buying an additional 402 shares during the period.

SPDR S&P Aerospace & Defense ETF Price Performance

SPDR S&P Aerospace & Defense ETF stock opened at $161.94 on Wednesday. The stock’s 50 day moving average price is $167.62 and its 200 day moving average price is $165.70. The company has a market cap of $2.61 billion, a PE ratio of 28.70 and a beta of 1.01. SPDR S&P Aerospace & Defense ETF has a 1-year low of $131.78 and a 1-year high of $181.39.

SPDR S&P Aerospace & Defense ETF Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, March 26th. Stockholders of record on Monday, March 24th were issued 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.