Crews Bank & Trust Takes Position in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

Crews Bank & Trust purchased a new stake in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) during the fourth quarter, according to its most recent filing with the SEC. The firm purchased 1,937 shares of the company’s stock, valued at approximately $321,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Mayflower Financial Advisors LLC purchased a new position in shares of SPDR S&P Aerospace & Defense ETF in the 4th quarter valued at $349,000. Stapp Wealth Management Pllc grew its stake in SPDR S&P Aerospace & Defense ETF by 3.3% during the 4th quarter. Stapp Wealth Management Pllc now owns 5,948 shares of the company’s stock worth $986,000 after buying an additional 191 shares during the last quarter. Kingswood Wealth Advisors LLC grew its stake in SPDR S&P Aerospace & Defense ETF by 12.5% during the 4th quarter. Kingswood Wealth Advisors LLC now owns 1,992 shares of the company’s stock worth $330,000 after buying an additional 221 shares during the last quarter. Cyndeo Wealth Partners LLC grew its stake in SPDR S&P Aerospace & Defense ETF by 6.5% during the 4th quarter. Cyndeo Wealth Partners LLC now owns 5,264 shares of the company’s stock worth $873,000 after buying an additional 322 shares during the last quarter. Finally, Rappaport Reiches Capital Management LLC grew its stake in SPDR S&P Aerospace & Defense ETF by 12.0% during the 4th quarter. Rappaport Reiches Capital Management LLC now owns 5,760 shares of the company’s stock worth $955,000 after buying an additional 619 shares during the last quarter.

SPDR S&P Aerospace & Defense ETF Price Performance

Shares of XAR stock opened at $175.44 on Friday. SPDR S&P Aerospace & Defense ETF has a 1-year low of $127.75 and a 1-year high of $181.38. The stock’s fifty day moving average price is $170.57 and its 200 day moving average price is $160.27. The company has a market cap of $2.64 billion, a price-to-earnings ratio of 30.33 and a beta of 0.85.

About SPDR S&P Aerospace & Defense ETF

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.