Ally Invest Advisors Inc. Boosts Stock Holdings in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

Ally Invest Advisors Inc. boosted its position in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 9.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,812 shares of the company’s stock after buying an additional 161 shares during the quarter. Ally Invest Advisors Inc.’s holdings in SPDR S&P Aerospace & Defense ETF were worth $301,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently made changes to their positions in the company. Mariner LLC increased its holdings in SPDR S&P Aerospace & Defense ETF by 13.7% in the 4th quarter. Mariner LLC now owns 18,376 shares of the company’s stock worth $3,047,000 after acquiring an additional 2,215 shares during the last quarter. Barclays PLC grew its holdings in SPDR S&P Aerospace & Defense ETF by 10.3% during the 4th quarter. Barclays PLC now owns 960 shares of the company’s stock valued at $159,000 after buying an additional 90 shares in the last quarter. Rockefeller Capital Management L.P. bought a new stake in shares of SPDR S&P Aerospace & Defense ETF during the fourth quarter valued at about $1,755,000. First Foundation Advisors lifted its holdings in shares of SPDR S&P Aerospace & Defense ETF by 13.8% in the fourth quarter. First Foundation Advisors now owns 2,490 shares of the company’s stock worth $413,000 after buying an additional 301 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new position in shares of SPDR S&P Aerospace & Defense ETF in the fourth quarter valued at approximately $22,118,000.

SPDR S&P Aerospace & Defense ETF Trading Up 0.9 %

SPDR S&P Aerospace & Defense ETF stock opened at $163.87 on Tuesday. The firm’s 50 day simple moving average is $163.23 and its 200 day simple moving average is $165.73. SPDR S&P Aerospace & Defense ETF has a 1-year low of $131.78 and a 1-year high of $181.39. The firm has a market capitalization of $2.64 billion, a PE ratio of 28.70 and a beta of 1.01.

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.