Royal Bank of Canada Boosts Holdings in SPDR S&P Aerospace & Defense ETF $XAR

Royal Bank of Canada boosted its position in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 19.2% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 173,149 shares of the company’s stock after purchasing an additional 27,883 shares during the period. Royal Bank of Canada owned about 0.76% of SPDR S&P Aerospace & Defense ETF worth $43,976,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. LPL Financial LLC increased its holdings in SPDR S&P Aerospace & Defense ETF by 5.6% during the 4th quarter. LPL Financial LLC now owns 1,286,887 shares of the company’s stock worth $310,449,000 after purchasing an additional 68,722 shares during the period. Bank of America Corp DE raised its holdings in SPDR S&P Aerospace & Defense ETF by 5.8% in the third quarter. Bank of America Corp DE now owns 810,236 shares of the company’s stock worth $190,373,000 after purchasing an additional 44,082 shares in the last quarter. Corient Private Wealth LLC lifted its position in SPDR S&P Aerospace & Defense ETF by 2,023.8% during the fourth quarter. Corient Private Wealth LLC now owns 513,629 shares of the company’s stock valued at $123,908,000 after acquiring an additional 489,444 shares during the last quarter. Wells Fargo & Company MN lifted its holdings in shares of SPDR S&P Aerospace & Defense ETF by 19.0% during the 4th quarter. Wells Fargo & Company MN now owns 363,676 shares of the company’s stock valued at $87,733,000 after purchasing an additional 58,163 shares during the last quarter. Finally, Raymond James Financial Inc. raised its stake in SPDR S&P Aerospace & Defense ETF by 28.7% in the third quarter. Raymond James Financial Inc. now owns 250,121 shares of the company’s stock valued at $58,768,000 after buying an additional 55,705 shares during the last quarter.

SPDR S&P Aerospace & Defense ETF Price Performance

Shares of XAR stock opened at $264.86 on Monday. SPDR S&P Aerospace & Defense ETF has a 1 year low of $208.77 and a 1 year high of $295.39. The business has a fifty day moving average of $274.79 and a 200 day moving average of $272.49. The firm has a market capitalization of $5.99 billion, a price-to-earnings ratio of 35.83 and a beta of 1.00.

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.