Janney Montgomery Scott LLC Grows Position in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

Janney Montgomery Scott LLC lifted its holdings in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 73.8% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 7,083 shares of the company’s stock after acquiring an additional 3,007 shares during the period. Janney Montgomery Scott LLC’s holdings in SPDR S&P Aerospace & Defense ETF were worth $1,175,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Howard Capital Management Group LLC raised its holdings in shares of 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 valued at $28,238,000 after buying an additional 31,277 shares during the last quarter. Bank of Montreal Can boosted its position in shares of 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 acquiring an additional 27,055 shares during the last quarter. Foundations Investment Advisors LLC boosted its holdings in SPDR S&P Aerospace & Defense ETF by 416.1% in the third quarter. Foundations Investment Advisors LLC now owns 30,850 shares of the company’s stock valued at $4,854,000 after acquiring an additional 24,872 shares during the last quarter. PNC Financial Services Group Inc. raised its holdings 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 valued at $22,414,000 after buying an additional 24,404 shares during the period. Finally, Enclave Advisors LLC increased its holdings in SPDR S&P Aerospace & Defense ETF by 20.8% in the 4th quarter. Enclave Advisors LLC now owns 74,384 shares of the company’s stock valued at $12,334,000 after purchasing an additional 12,786 shares in the last quarter.

SPDR S&P Aerospace & Defense ETF Stock Down 0.1 %

XAR opened at $174.75 on Wednesday. The firm’s 50 day moving average is $170.78 and its 200-day moving average is $160.97. The firm has a market capitalization of $2.62 billion, a P/E ratio of 30.33 and a beta of 0.85. SPDR S&P Aerospace & Defense ETF has a 52-week low of $127.75 and a 52-week high of $181.38.

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.