Allworth Financial LP Acquires 165 Shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

Allworth Financial LP increased its holdings in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 36.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 617 shares of the company’s stock after purchasing an additional 165 shares during the quarter. Allworth Financial LP’s holdings in SPDR S&P Aerospace & Defense ETF were worth $110,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of XAR. Wilmington Savings Fund Society FSB acquired a new position in SPDR S&P Aerospace & Defense ETF in the fourth quarter valued at $50,000. Values First Advisors Inc. acquired a new position in SPDR S&P Aerospace & Defense ETF in the fourth quarter valued at $65,000. Darwin Wealth Management LLC acquired a new position in SPDR S&P Aerospace & Defense ETF in the third quarter valued at $70,000. Stonebridge Financial Group LLC acquired a new position in SPDR S&P Aerospace & Defense ETF in the fourth quarter valued at $77,000. Finally, Newbridge Financial Services Group Inc. lifted its holdings in SPDR S&P Aerospace & Defense ETF by 33.9% in the fourth quarter. Newbridge Financial Services Group Inc. now owns 509 shares of the company’s stock valued at $84,000 after buying an additional 129 shares during the period.

SPDR S&P Aerospace & Defense ETF Stock Down 2.9 %

XAR stock opened at $162.69 on Monday. The firm has a market cap of $2.44 billion, a price-to-earnings ratio of 30.33 and a beta of 0.85. SPDR S&P Aerospace & Defense ETF has a 12-month low of $131.78 and a 12-month high of $181.38. The company’s fifty day simple moving average is $170.63 and its 200 day simple moving average is $163.29.

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.