D.A. Davidson & CO. Acquires 280 Shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

D.A. Davidson & CO. lifted its holdings in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 1.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 14,997 shares of the company’s stock after acquiring an additional 280 shares during the period. D.A. Davidson & CO. owned 0.10% of SPDR S&P Aerospace & Defense ETF worth $2,487,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in XAR. Strategic Financial Concepts LLC bought a new stake in SPDR S&P Aerospace & Defense ETF in the fourth quarter worth about $19,962,000. Howard Capital Management Group LLC lifted its stake in SPDR S&P Aerospace & Defense ETF by 21.1% in 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. Bank of Montreal Can lifted its stake in SPDR S&P Aerospace & Defense ETF by 1,273.8% in the third quarter. Bank of Montreal Can now owns 29,179 shares of the company’s stock worth $4,575,000 after purchasing an additional 27,055 shares during the last quarter. Kingsview Wealth Management LLC lifted its stake in SPDR S&P Aerospace & Defense ETF by 51.3% in the fourth quarter. Kingsview Wealth Management LLC now owns 76,176 shares of the company’s stock worth $12,632,000 after purchasing an additional 25,812 shares during the last quarter. Finally, PNC Financial Services Group Inc. lifted its stake in SPDR S&P Aerospace & Defense ETF by 20.7% in the third quarter. PNC Financial Services Group Inc. now owns 142,454 shares of the company’s stock worth $22,414,000 after purchasing an additional 24,404 shares during the last quarter.

SPDR S&P Aerospace & Defense ETF Price Performance

Shares of NYSEARCA XAR opened at $162.69 on Friday. The company has a market cap of $2.44 billion, a P/E ratio of 30.33 and a beta of 0.85. SPDR S&P Aerospace & Defense ETF has a 1 year low of $131.78 and a 1 year high of $181.38. The firm has a 50-day simple moving average of $170.74 and a two-hundred day simple moving average of $162.98.

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.