Strategic Blueprint LLC bought a new position in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR – Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 1,997 shares of the company’s stock, valued at approximately $482,000.
Several other hedge funds and other institutional investors have also recently bought and sold shares of XAR. Bank of America Corp DE grew 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 valued at $190,373,000 after purchasing an additional 44,082 shares during the period. Raymond James Financial Inc. grew its holdings 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 purchasing an additional 55,705 shares during the period. CWM LLC grew its holdings in SPDR S&P Aerospace & Defense ETF by 2,668.1% in the fourth quarter. CWM LLC now owns 206,667 shares of the company’s stock valued at $49,856,000 after purchasing an additional 199,201 shares during the period. UBS Group AG grew its holdings in SPDR S&P Aerospace & Defense ETF by 1.2% in the fourth quarter. UBS Group AG now owns 206,371 shares of the company’s stock valued at $49,785,000 after purchasing an additional 2,450 shares during the period. Finally, Quadrature Capital Ltd acquired a new stake in SPDR S&P Aerospace & Defense ETF in the third quarter valued at approximately $46,032,000.
SPDR S&P Aerospace & Defense ETF Trading Up 3.8%
Shares of XAR opened at $259.14 on Friday. SPDR S&P Aerospace & Defense ETF has a 12 month low of $171.22 and a 12 month high of $295.39. The stock’s 50 day moving average is $269.06 and its two-hundred day moving average is $257.57. The firm has a market cap of $5.93 billion, a P/E ratio of 35.83 and a beta of 1.03.
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.
Further Reading
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