U.S. Capital Wealth Advisors LLC Takes Position in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

U.S. Capital Wealth Advisors LLC acquired a new position in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 1,584 shares of the company’s stock, valued at approximately $215,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in XAR. Fifth Third Bancorp purchased a new stake in SPDR S&P Aerospace & Defense ETF in the 3rd quarter worth about $25,000. Glass Jacobson Investment Advisors llc increased its position in shares of SPDR S&P Aerospace & Defense ETF by 142.0% during the fourth quarter. Glass Jacobson Investment Advisors llc now owns 242 shares of the company’s stock worth $33,000 after acquiring an additional 142 shares during the period. CVA Family Office LLC purchased a new position in shares of SPDR S&P Aerospace & Defense ETF during the fourth quarter worth approximately $34,000. Geneos Wealth Management Inc. increased its position in shares of SPDR S&P Aerospace & Defense ETF by 111.5% during the fourth quarter. Geneos Wealth Management Inc. now owns 332 shares of the company’s stock worth $45,000 after acquiring an additional 175 shares during the period. Finally, Park Place Capital Corp purchased a new position in shares of SPDR S&P Aerospace & Defense ETF during the fourth quarter worth approximately $54,000.

SPDR S&P Aerospace & Defense ETF Stock Performance

Shares of NYSEARCA:XAR opened at $141.26 on Thursday. The firm has a market cap of $2.12 billion, a PE ratio of 30.33 and a beta of 0.85. The firm’s 50 day simple moving average is $137.45 and its 200-day simple moving average is $131.80. SPDR S&P Aerospace & Defense ETF has a one year low of $108.32 and a one year high of $142.78.

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.