UBS Group AG Has $49.79 Million Stock Holdings in SPDR S&P Aerospace & Defense ETF $XAR

UBS Group AG raised its holdings in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 1.2% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 206,371 shares of the company’s stock after acquiring an additional 2,450 shares during the period. UBS Group AG’s holdings in SPDR S&P Aerospace & Defense ETF were worth $49,785,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently added to or reduced their stakes in the business. Meitav Investment House Ltd. increased its position in SPDR S&P Aerospace & Defense ETF by 6.3% during the third quarter. Meitav Investment House Ltd. now owns 39,875 shares of the company’s stock worth $9,369,000 after acquiring an additional 2,372 shares during the period. Belpointe Asset Management LLC acquired a new stake in SPDR S&P Aerospace & Defense ETF in the 3rd quarter worth $1,487,000. Enclave Advisors LLC grew its position in SPDR S&P Aerospace & Defense ETF by 3.6% in the 4th quarter. Enclave Advisors LLC now owns 129,985 shares of the company’s stock worth $31,358,000 after purchasing an additional 4,457 shares during the last quarter. Commonwealth Equity Services LLC increased its holdings in shares of SPDR S&P Aerospace & Defense ETF by 13.2% during the 3rd quarter. Commonwealth Equity Services LLC now owns 151,571 shares of the company’s stock worth $35,613,000 after purchasing an additional 17,677 shares during the period. Finally, Krilogy Financial LLC bought a new position in shares of SPDR S&P Aerospace & Defense ETF during the 3rd quarter worth about $1,698,000.

SPDR S&P Aerospace & Defense ETF Stock Performance

Shares of XAR opened at $267.26 on Thursday. The company has a 50-day simple moving average of $268.29 and a 200-day simple moving average of $258.04. SPDR S&P Aerospace & Defense ETF has a 52 week low of $174.40 and a 52 week high of $295.39. The firm has a market capitalization of $6.11 billion, a P/E ratio of 35.83 and a beta of 0.98.

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.