Cyndeo Wealth Partners LLC Increases Stock Position in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

Cyndeo Wealth Partners LLC raised its holdings in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 6.5% during the fourth quarter, HoldingsChannel reports. The firm owned 5,264 shares of the company’s stock after buying an additional 322 shares during the period. Cyndeo Wealth Partners LLC’s holdings in SPDR S&P Aerospace & Defense ETF were worth $873,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in XAR. Darwin Wealth Management LLC acquired a new position in SPDR S&P Aerospace & Defense ETF during the 3rd quarter valued at about $70,000. Anchor Investment Management LLC lifted its stake in SPDR S&P Aerospace & Defense ETF by 4,300.0% in the second quarter. Anchor Investment Management LLC now owns 880 shares of the company’s stock valued at $123,000 after acquiring an additional 860 shares during the last quarter. EP Wealth Advisors LLC bought a new position in shares of SPDR S&P Aerospace & Defense ETF in the second quarter valued at approximately $126,000. HBW Advisory Services LLC raised its position in shares of SPDR S&P Aerospace & Defense ETF by 156.5% in the fourth quarter. HBW Advisory Services LLC now owns 1,321 shares of the company’s stock valued at $219,000 after purchasing an additional 806 shares during the period. Finally, Cable Hill Partners LLC bought a new position in SPDR S&P Aerospace & Defense ETF during the third quarter worth $216,000.

SPDR S&P Aerospace & Defense ETF Trading Down 1.0 %

Shares of XAR stock opened at $178.94 on Friday. SPDR S&P Aerospace & Defense ETF has a 1 year low of $127.75 and a 1 year high of $181.39. The firm has a market capitalization of $2.69 billion, a P/E ratio of 30.33 and a beta of 0.85. The firm’s fifty day simple moving average is $170.13 and its 200 day simple moving average is $159.49.

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.