Raymond James Financial Services Advisors Inc. lowered its holdings in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR – Get Rating) by 1.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 27,967 shares of the company’s stock after selling 351 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in SPDR S&P Aerospace & Defense ETF were worth $3,078,000 at the end of the most recent reporting period.
Several other hedge funds also recently made changes to their positions in XAR. LPL Financial LLC grew its stake in shares of SPDR S&P Aerospace & Defense ETF by 22.9% in the 4th quarter. LPL Financial LLC now owns 644,115 shares of the company’s stock worth $70,885,000 after purchasing an additional 120,155 shares during the last quarter. BNP Paribas Arbitrage SA grew its stake in shares of SPDR S&P Aerospace & Defense ETF by 39.9% in the 1st quarter. BNP Paribas Arbitrage SA now owns 351,282 shares of the company’s stock worth $43,798,000 after purchasing an additional 100,225 shares during the last quarter. UBS Group AG grew its stake in shares of SPDR S&P Aerospace & Defense ETF by 60.8% in the 1st quarter. UBS Group AG now owns 226,415 shares of the company’s stock worth $28,230,000 after purchasing an additional 85,641 shares during the last quarter. International Assets Investment Management LLC acquired a new position in shares of SPDR S&P Aerospace & Defense ETF in the 1st quarter worth approximately $3,699,000. Finally, Goldman Sachs Group Inc. boosted its holdings in shares of SPDR S&P Aerospace & Defense ETF by 249.6% in the second quarter. Goldman Sachs Group Inc. now owns 43,403 shares of the company’s stock worth $4,367,000 after buying an additional 30,987 shares during the period.
SPDR S&P Aerospace & Defense ETF Price Performance
Shares of XAR opened at $115.84 on Monday. SPDR S&P Aerospace & Defense ETF has a one year low of $91.37 and a one year high of $121.95. The company has a 50-day moving average of $114.78 and a two-hundred day moving average of $113.84. 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 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.
Further Reading
- Get a free copy of the StockNews.com research report on SPDR S&P Aerospace & Defense ETF (XAR)
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