SPDR S&P Aerospace & Defense ETF $XAR Stock Position Increased by Evercore Wealth Management LLC

Evercore Wealth Management LLC raised its position in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 62.1% in the first quarter, HoldingsChannel reports. The firm owned 5,863 shares of the company’s stock after acquiring an additional 2,245 shares during the period. Evercore Wealth Management LLC’s holdings in SPDR S&P Aerospace & Defense ETF were worth $1,489,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. CWM LLC raised its holdings in shares of SPDR S&P Aerospace & Defense ETF by 2,668.1% during the fourth quarter. CWM LLC now owns 206,667 shares of the company’s stock valued at $49,856,000 after buying an additional 199,201 shares during the last quarter. Robinhood Asset Management LLC acquired a new position in shares of SPDR S&P Aerospace & Defense ETF during the fourth quarter worth approximately $35,579,000. Mirae Asset Global Investments Co. Ltd. boosted its position in shares of SPDR S&P Aerospace & Defense ETF by 1,737.5% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 29,400 shares of the company’s stock worth $7,092,000 after buying an additional 27,800 shares during the period. PNC Financial Services Group Inc. grew its holdings in SPDR S&P Aerospace & Defense ETF by 2.8% in the 4th quarter. PNC Financial Services Group Inc. now owns 128,716 shares of the company’s stock worth $31,051,000 after buying an additional 3,558 shares in the last quarter. Finally, Ascent Group LLC bought a new position in SPDR S&P Aerospace & Defense ETF in the 4th quarter worth approximately $462,000.

SPDR S&P Aerospace & Defense ETF Price Performance

XAR opened at $271.92 on Wednesday. SPDR S&P Aerospace & Defense ETF has a 12 month low of $208.77 and a 12 month high of $295.39. The stock has a market cap of $6.09 billion, a P/E ratio of 35.83 and a beta of 1.00. The stock’s 50 day moving average price is $275.16 and its 200 day moving average price is $272.77.

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.