Commonwealth Equity Services LLC Has $22.23 Million Stock Position in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

Commonwealth Equity Services LLC raised its position in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 4.6% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 134,037 shares of the company’s stock after buying an additional 5,917 shares during the quarter. Commonwealth Equity Services LLC’s holdings in SPDR S&P Aerospace & Defense ETF were worth $22,226,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of XAR. Focus Financial Network Inc. boosted its stake in SPDR S&P Aerospace & Defense ETF by 2.6% in the 4th quarter. Focus Financial Network Inc. now owns 2,434 shares of the company’s stock worth $404,000 after purchasing an additional 62 shares during the period. Trust Co. of Toledo NA OH boosted its position in shares of SPDR S&P Aerospace & Defense ETF by 3.5% in the fourth quarter. Trust Co. of Toledo NA OH now owns 1,909 shares of the company’s stock worth $317,000 after buying an additional 64 shares during the period. Verity Asset Management Inc. grew its holdings in shares of SPDR S&P Aerospace & Defense ETF by 3.9% during the fourth quarter. Verity Asset Management Inc. now owns 1,726 shares of the company’s stock valued at $286,000 after buying an additional 64 shares in the last quarter. Flagstar Advisors Inc. raised its position in SPDR S&P Aerospace & Defense ETF by 1.4% during the third quarter. Flagstar Advisors Inc. now owns 5,667 shares of the company’s stock valued at $892,000 after buying an additional 77 shares during the period. Finally, Redhawk Wealth Advisors Inc. lifted its stake in SPDR S&P Aerospace & Defense ETF by 3.5% in the 4th quarter. Redhawk Wealth Advisors Inc. now owns 2,409 shares of the company’s stock worth $400,000 after acquiring an additional 82 shares in the last quarter.

SPDR S&P Aerospace & Defense ETF Trading Up 2.0 %

Shares of NYSEARCA XAR opened at $161.79 on Monday. SPDR S&P Aerospace & Defense ETF has a one year low of $131.78 and a one year high of $181.39. The business has a 50-day moving average price of $168.87 and a two-hundred day moving average price of $164.59. The firm has a market capitalization of $2.61 billion, a PE ratio of 28.68 and a beta of 1.13.

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.