Global Assets Advisory LLC Buys New Holdings in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

Global Assets Advisory LLC bought a new position in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 111,272 shares of the company’s stock, valued at approximately $15,635,000. Global Assets Advisory LLC owned 0.87% of SPDR S&P Aerospace & Defense ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of XAR. Scarborough Advisors LLC bought a new position in SPDR S&P Aerospace & Defense ETF during the fourth quarter worth about $67,233,000. PNC Financial Services Group Inc. boosted its stake in SPDR S&P Aerospace & Defense ETF by 89.2% in the 4th quarter. PNC Financial Services Group Inc. now owns 134,748 shares of the company’s stock valued at $18,248,000 after buying an additional 63,542 shares in the last quarter. Greenlight Capital Inc. bought a new stake in SPDR S&P Aerospace & Defense ETF in the fourth quarter valued at $17,560,000. Modera Wealth Management LLC acquired a new position in SPDR S&P Aerospace & Defense ETF during the third quarter worth $11,064,000. Finally, Migdal Insurance & Financial Holdings Ltd. lifted its holdings in shares of SPDR S&P Aerospace & Defense ETF by 119.8% during the fourth quarter. Migdal Insurance & Financial Holdings Ltd. now owns 87,806 shares of the company’s stock valued at $11,927,000 after acquiring an additional 47,856 shares during the period.

SPDR S&P Aerospace & Defense ETF Stock Performance

XAR opened at $141.90 on Tuesday. The firm has a market cap of $2.13 billion, a price-to-earnings ratio of 30.33 and a beta of 0.85. The firm’s 50-day simple moving average is $140.24 and its 200-day simple moving average is $136.49. SPDR S&P Aerospace & Defense ETF has a twelve month low of $108.32 and a twelve month high of $145.38.

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.