US Bancorp DE Raises Stock Position in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

US Bancorp DE grew its position in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 16.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,973 shares of the company’s stock after purchasing an additional 285 shares during the period. US Bancorp DE’s holdings in SPDR S&P Aerospace & Defense ETF were worth $327,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in XAR. Howard Capital Management Group LLC grew its position in shares of SPDR S&P Aerospace & Defense ETF by 21.1% during the third quarter. Howard Capital Management Group LLC now owns 179,472 shares of the company’s stock valued at $28,238,000 after purchasing an additional 31,277 shares in the last quarter. Prime Capital Investment Advisors LLC grew its position in shares of SPDR S&P Aerospace & Defense ETF by 20.7% during the third quarter. Prime Capital Investment Advisors LLC now owns 2,659 shares of the company’s stock valued at $418,000 after purchasing an additional 456 shares in the last quarter. Oppenheimer & Co. Inc. grew its position in shares of SPDR S&P Aerospace & Defense ETF by 9.9% during the third quarter. Oppenheimer & Co. Inc. now owns 13,743 shares of the company’s stock valued at $2,162,000 after purchasing an additional 1,241 shares in the last quarter. Cable Hill Partners LLC purchased a new position in shares of SPDR S&P Aerospace & Defense ETF during the third quarter valued at about $216,000. Finally, WESPAC Advisors SoCal LLC grew its position in shares of SPDR S&P Aerospace & Defense ETF by 19.6% during the third quarter. WESPAC Advisors SoCal LLC now owns 12,787 shares of the company’s stock valued at $2,012,000 after purchasing an additional 2,092 shares in the last quarter.

SPDR S&P Aerospace & Defense ETF Stock Down 0.3 %

Shares of SPDR S&P Aerospace & Defense ETF stock opened at $158.66 on Friday. The firm has a market cap of $2.61 billion, a price-to-earnings ratio of 27.49 and a beta of 1.13. The business has a 50-day moving average price of $169.02 and a 200-day moving average price of $164.37. SPDR S&P Aerospace & Defense ETF has a twelve month low of $131.78 and a twelve month high of $181.39.

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.