Pacific Sun Financial Corp Boosts Stake in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

Pacific Sun Financial Corp lifted its stake in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 0.6% in the 4th quarter, Holdings Channel reports. The institutional investor owned 18,704 shares of the company’s stock after purchasing an additional 105 shares during the quarter. SPDR S&P Aerospace & Defense ETF accounts for about 1.7% of Pacific Sun Financial Corp’s portfolio, making the stock its 10th largest position. Pacific Sun Financial Corp’s holdings in SPDR S&P Aerospace & Defense ETF were worth $3,101,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Howard Capital Management Group LLC increased its holdings in SPDR S&P Aerospace & Defense ETF by 3.8% in the 4th quarter. Howard Capital Management Group LLC now owns 186,333 shares of the company’s stock worth $30,898,000 after purchasing an additional 6,861 shares in the last quarter. PNC Financial Services Group Inc. grew its holdings in shares of SPDR S&P Aerospace & Defense ETF by 20.7% during the third quarter. PNC Financial Services Group Inc. now owns 142,454 shares of the company’s stock worth $22,414,000 after purchasing an additional 24,404 shares during the last quarter. Strategic Financial Concepts LLC acquired a new position in shares of SPDR S&P Aerospace & Defense ETF in the fourth quarter valued at approximately $19,962,000. Raymond James & Associates increased its stake in shares of SPDR S&P Aerospace & Defense ETF by 1.4% in the third quarter. Raymond James & Associates now owns 79,824 shares of the company’s stock valued at $12,559,000 after buying an additional 1,102 shares during the period. Finally, Kingsview Wealth Management LLC boosted its position in SPDR S&P Aerospace & Defense ETF by 51.3% during the 4th quarter. Kingsview Wealth Management LLC now owns 76,176 shares of the company’s stock worth $12,632,000 after buying an additional 25,812 shares during the period.

SPDR S&P Aerospace & Defense ETF Stock Performance

Shares of NYSEARCA XAR opened at $168.93 on Thursday. The firm has a 50 day moving average price of $170.71 and a two-hundred day moving average price of $162.91. The stock has a market cap of $2.54 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 $131.78 and a 52-week high of $181.38.

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.