SPDR S&P Aerospace & Defense ETF $XAR Holdings Lifted by Western Wealth Management LLC

Western Wealth Management LLC boosted its holdings in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 181.9% during the 1st quarter, Holdings Channel reports. The institutional investor owned 7,988 shares of the company’s stock after buying an additional 5,154 shares during the period. Western Wealth Management LLC’s holdings in SPDR S&P Aerospace & Defense ETF were worth $2,029,000 as of its most recent SEC filing.

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

SPDR S&P Aerospace & Defense ETF Stock Performance

Shares of XAR opened at $264.86 on Friday. The company’s 50 day moving average price is $274.79 and its 200 day moving average price is $272.55. SPDR S&P Aerospace & Defense ETF has a 52 week low of $208.77 and a 52 week high of $295.39. The company has a market capitalization of $5.99 billion, a PE ratio of 35.83 and a beta of 1.00.

SPDR S&P Aerospace & Defense ETF 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.