Prime Capital Investment Advisors LLC Increases Stake in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

Prime Capital Investment Advisors LLC grew its position in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 20.7% in the third quarter, HoldingsChannel reports. The fund owned 2,659 shares of the company’s stock after acquiring an additional 456 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in SPDR S&P Aerospace & Defense ETF were worth $418,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of XAR. LPL Financial LLC boosted its position in shares of SPDR S&P Aerospace & Defense ETF by 2.7% during the 2nd quarter. LPL Financial LLC now owns 1,065,669 shares of the company’s stock valued at $149,172,000 after acquiring an additional 28,069 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in shares of SPDR S&P Aerospace & Defense ETF by 8.3% during the second quarter. Envestnet Asset Management Inc. now owns 335,968 shares of the company’s stock worth $47,029,000 after purchasing an additional 25,649 shares in the last quarter. Wulff Hansen & CO. purchased a new position in SPDR S&P Aerospace & Defense ETF in the second quarter valued at approximately $41,479,000. Howard Capital Management Group LLC grew its holdings in shares of SPDR S&P Aerospace & Defense ETF by 21.1% during the third quarter. Howard Capital Management Group LLC now owns 179,472 shares of the company’s stock worth $28,238,000 after purchasing an additional 31,277 shares during the last quarter. Finally, Commonwealth Equity Services LLC increased its position in SPDR S&P Aerospace & Defense ETF by 1.0% during the second quarter. Commonwealth Equity Services LLC now owns 121,818 shares of the company’s stock worth $17,052,000 after buying an additional 1,221 shares during the period.

SPDR S&P Aerospace & Defense ETF Stock Performance

NYSEARCA XAR opened at $164.75 on Friday. SPDR S&P Aerospace & Defense ETF has a one year low of $123.59 and a one year high of $175.28. The firm’s fifty day moving average is $158.69 and its two-hundred day moving average is $149.56. The firm has a market cap of $2.47 billion, a PE ratio of 30.33 and a beta of 0.85.

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.