SG Americas Securities LLC Acquires New Shares in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

SG Americas Securities LLC bought a new position in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 4,200 shares of the company’s stock, valued at approximately $569,000.

Other hedge funds also recently added to or reduced their stakes in the company. Independent Wealth Network Inc. acquired a new stake in shares of SPDR S&P Aerospace & Defense ETF in the fourth quarter valued at approximately $383,000. Cedar Brook Financial Partners LLC raised its stake in SPDR S&P Aerospace & Defense ETF by 255.6% during the 4th quarter. Cedar Brook Financial Partners LLC now owns 7,351 shares of the company’s stock valued at $952,000 after acquiring an additional 5,284 shares in the last quarter. Advisor Resource Council bought a new stake in SPDR S&P Aerospace & Defense ETF during the 4th quarter valued at $3,162,000. Brookstone Capital Management acquired a new position in SPDR S&P Aerospace & Defense ETF during the 4th quarter worth $206,000. Finally, OneAscent Wealth Management LLC bought a new position in shares of SPDR S&P Aerospace & Defense ETF in the fourth quarter worth $372,000.

SPDR S&P Aerospace & Defense ETF Stock Performance

Shares of XAR opened at $137.04 on Friday. SPDR S&P Aerospace & Defense ETF has a one year low of $108.32 and a one year high of $142.78. The stock’s fifty day moving average is $135.95 and its 200-day moving average is $127.93. The firm has a market capitalization of $1.75 billion, a price-to-earnings ratio of 21.50 and a beta of 1.09.

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.