Meitav Investment House Ltd. boosted its position in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR – Free Report) by 11.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 30,039 shares of the company’s stock after buying an additional 3,005 shares during the period. Meitav Investment House Ltd. owned 0.20% of SPDR S&P Aerospace & Defense ETF worth $4,686,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in XAR. LPL Financial LLC raised its position in SPDR S&P Aerospace & Defense ETF by 2.7% in the 2nd quarter. LPL Financial LLC now owns 1,065,669 shares of the company’s stock valued at $149,172,000 after purchasing an additional 28,069 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of SPDR S&P Aerospace & Defense ETF by 8.3% during the second quarter. Envestnet Asset Management Inc. now owns 335,968 shares of the company’s stock worth $47,029,000 after buying an additional 25,649 shares during the last quarter. Wulff Hansen & CO. purchased a new position in shares of SPDR S&P Aerospace & Defense ETF during the second quarter worth about $41,479,000. Howard Capital Management Group LLC increased its position in SPDR S&P Aerospace & Defense ETF by 21.1% in the 3rd quarter. Howard Capital Management Group LLC now owns 179,472 shares of the company’s stock valued at $28,238,000 after acquiring an additional 31,277 shares during the period. Finally, Commonwealth Equity Services LLC raised its stake in SPDR S&P Aerospace & Defense ETF by 1.0% during the 2nd quarter. Commonwealth Equity Services LLC now owns 121,818 shares of the company’s stock valued at $17,052,000 after acquiring an additional 1,221 shares during the last quarter.
SPDR S&P Aerospace & Defense ETF Trading Down 1.0 %
Shares of XAR stock opened at $156.93 on Thursday. The company has a market capitalization of $2.36 billion, a P/E ratio of 30.33 and a beta of 0.85. The business’s 50 day moving average is $156.16 and its two-hundred day moving average is $147.22. SPDR S&P Aerospace & Defense ETF has a twelve month low of $113.24 and a twelve month high of $164.88.
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.
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