Mariner LLC Has $3.05 Million Stock Holdings in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

Mariner LLC grew its holdings in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 13.7% during the fourth quarter, Holdings Channel reports. The firm owned 18,376 shares of the company’s stock after purchasing an additional 2,215 shares during the period. Mariner LLC’s holdings in SPDR S&P Aerospace & Defense ETF were worth $3,047,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. LPL Financial LLC lifted its position in shares of 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 worth $197,436,000 after buying an additional 157,742 shares during the last quarter. Wells Fargo & Company MN boosted its position in SPDR S&P Aerospace & Defense ETF by 60.2% during the fourth quarter. Wells Fargo & Company MN now owns 238,949 shares of the company’s stock worth $39,623,000 after purchasing an additional 89,751 shares during the period. Howard Capital Management Group LLC grew its holdings in SPDR S&P Aerospace & Defense ETF by 3.8% during the fourth quarter. Howard Capital Management Group LLC now owns 186,333 shares of the company’s stock valued at $30,898,000 after purchasing an additional 6,861 shares during the last quarter. PNC Financial Services Group Inc. raised its position in shares of SPDR S&P Aerospace & Defense ETF by 4.3% in the fourth quarter. PNC Financial Services Group Inc. now owns 148,575 shares of the company’s stock valued at $24,637,000 after purchasing an additional 6,121 shares during the period. Finally, Commonwealth Equity Services LLC lifted its stake in shares of SPDR S&P Aerospace & Defense ETF by 4.6% in the fourth quarter. Commonwealth Equity Services LLC now owns 134,037 shares of the company’s stock worth $22,226,000 after buying an additional 5,917 shares during the last quarter.

SPDR S&P Aerospace & Defense ETF Trading Down 2.3 %

NYSEARCA XAR opened at $159.04 on Tuesday. The company has a market cap of $2.54 billion, a P/E ratio of 29.48 and a beta of 1.01. SPDR S&P Aerospace & Defense ETF has a 1 year low of $131.88 and a 1 year high of $181.39. The company has a fifty day simple moving average of $162.10 and a 200 day simple moving average of $165.86.

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.