Howard Capital Management Group LLC Acquires 6,861 Shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

Howard Capital Management Group LLC increased its holdings in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 3.8% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 186,333 shares of the company’s stock after acquiring an additional 6,861 shares during the period. SPDR S&P Aerospace & Defense ETF comprises about 2.1% of Howard Capital Management Group LLC’s investment portfolio, making the stock its 17th biggest position. Howard Capital Management Group LLC’s holdings in SPDR S&P Aerospace & Defense ETF were worth $30,898,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Trust Co. of Toledo NA OH grew its holdings in shares of SPDR S&P Aerospace & Defense ETF by 3.5% in the 4th quarter. Trust Co. of Toledo NA OH now owns 1,909 shares of the company’s stock worth $317,000 after purchasing an additional 64 shares during the last quarter. Flagstar Advisors Inc. boosted its position in SPDR S&P Aerospace & Defense ETF by 1.4% in 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 in the last quarter. Redhawk Wealth Advisors Inc. increased its holdings in shares of SPDR S&P Aerospace & Defense ETF by 3.5% during the fourth quarter. Redhawk Wealth Advisors Inc. now owns 2,409 shares of the company’s stock worth $400,000 after buying an additional 82 shares in the last quarter. Meixler Investment Management Ltd. raised its stake in shares of SPDR S&P Aerospace & Defense ETF by 1.3% in the third quarter. Meixler Investment Management Ltd. now owns 6,961 shares of the company’s stock valued at $1,095,000 after acquiring an additional 87 shares during the last quarter. Finally, Founders Financial Alliance LLC boosted its holdings in shares of SPDR S&P Aerospace & Defense ETF by 5.0% in the 2nd quarter. Founders Financial Alliance LLC now owns 2,244 shares of the company’s stock worth $314,000 after acquiring an additional 106 shares in the last quarter.

SPDR S&P Aerospace & Defense ETF Price Performance

NYSEARCA XAR opened at $180.76 on Wednesday. The stock’s 50 day simple moving average is $169.16 and its 200 day simple moving average is $158.66. SPDR S&P Aerospace & Defense ETF has a one year low of $127.75 and a one year high of $180.76. The firm has a market cap of $2.72 billion, a PE ratio of 30.33 and a beta of 0.85.

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.