Oppenheimer & Co. Inc. lifted its stake in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR – Free Report) by 38.1% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,974 shares of the company’s stock after purchasing an additional 5,231 shares during the period. Oppenheimer & Co. Inc. owned 0.13% of SPDR S&P Aerospace & Defense ETF worth $3,146,000 at the end of the most recent reporting period.
Other institutional investors also recently bought and sold shares of the company. Strategic Financial Concepts LLC purchased a new position in SPDR S&P Aerospace & Defense ETF during the fourth quarter valued at approximately $19,962,000. Howard Capital Management Group LLC raised its position in shares of 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 purchasing an additional 31,277 shares during the period. Bank of Montreal Can lifted its stake in shares of 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 in the last quarter. Kingsview Wealth Management LLC lifted its stake 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 valued at $12,632,000 after buying an additional 25,812 shares in the last quarter. Finally, PNC Financial Services Group Inc. boosted its holdings in 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 buying an additional 24,404 shares during the period.
SPDR S&P Aerospace & Defense ETF Stock Up 1.8 %
NYSEARCA:XAR opened at $166.26 on Friday. The business’s 50-day simple moving average is $170.30 and its two-hundred day simple moving average is $163.90. SPDR S&P Aerospace & Defense ETF has a 52 week low of $131.78 and a 52 week high of $181.39. The stock has a market cap of $2.74 billion, a PE ratio of 27.49 and a beta of 1.13.
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.
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