SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) Shares Acquired by HighTower Advisors LLC

HighTower Advisors LLC raised its stake in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR – Get Rating) by 103.8% during the 4th quarter, HoldingsChannel reports. The firm owned 27,303 shares of the company’s stock after acquiring an additional 13,907 shares during the quarter. HighTower Advisors LLC’s holdings in SPDR S&P Aerospace & Defense ETF were worth $3,006,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. McElhenny Sheffield Capital Management LLC acquired a new position in SPDR S&P Aerospace & Defense ETF in the fourth quarter worth about $42,000. Atwood & Palmer Inc. bought a new stake in SPDR S&P Aerospace & Defense ETF during the fourth quarter worth approximately $43,000. Accurate Wealth Management LLC bought a new stake in SPDR S&P Aerospace & Defense ETF during the fourth quarter worth approximately $44,000. Parallel Advisors LLC bought a new stake in SPDR S&P Aerospace & Defense ETF during the fourth quarter worth approximately $44,000. Finally, Y.D. More Investments Ltd bought a new stake in SPDR S&P Aerospace & Defense ETF during the fourth quarter worth approximately $68,000.

SPDR S&P Aerospace & Defense ETF Price Performance

Shares of NYSEARCA:XAR opened at $115.84 on Monday. The stock has a market cap of $1.48 billion, a price-to-earnings ratio of 21.50 and a beta of 1.09. SPDR S&P Aerospace & Defense ETF has a 12 month low of $91.37 and a 12 month high of $121.95. The stock’s 50 day moving average price is $114.78 and its 200 day moving average price is $113.84.

About SPDR S&P Aerospace & Defense ETF

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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.