SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) Stake Raised by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. lifted its holdings in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 101.3% during the first quarter, HoldingsChannel.com reports. The firm owned 35,495 shares of the company’s stock after purchasing an additional 17,865 shares during the quarter. PNC Financial Services Group Inc.’s holdings in SPDR S&P Aerospace & Defense ETF were worth $3,258,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also added to or reduced their stakes in XAR. Raymond James Financial Services Advisors Inc. raised its stake in shares of SPDR S&P Aerospace & Defense ETF by 52.6% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 392,218 shares of the company’s stock worth $30,954,000 after purchasing an additional 135,234 shares during the period. New England Investment & Retirement Group Inc. bought a new stake in SPDR S&P Aerospace & Defense ETF in the 1st quarter valued at about $10,040,000. Bank Hapoalim BM raised its stake in SPDR S&P Aerospace & Defense ETF by 62.0% in the 1st quarter. Bank Hapoalim BM now owns 196,903 shares of the company’s stock valued at $25,880,000 after acquiring an additional 75,392 shares during the period. American Financial Advisors LLC raised its stake in SPDR S&P Aerospace & Defense ETF by 459.5% in the 1st quarter. American Financial Advisors LLC now owns 73,156 shares of the company’s stock valued at $6,715,000 after acquiring an additional 60,080 shares during the period. Finally, Jane Street Group LLC raised its stake in SPDR S&P Aerospace & Defense ETF by 491.7% in the 4th quarter. Jane Street Group LLC now owns 66,216 shares of the company’s stock valued at $5,226,000 after acquiring an additional 55,025 shares during the period.

SPDR S&P Aerospace & Defense ETF stock traded down $0.43 during midday trading on Wednesday, reaching $98.94. The stock had a trading volume of 2,447 shares, compared to its average volume of 150,164. SPDR S&P Aerospace & Defense ETF has a 12 month low of $73.23 and a 12 month high of $102.50.

ILLEGAL ACTIVITY WARNING: “SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) Stake Raised by PNC Financial Services Group Inc.” was first posted by The Lincolnian Online and is owned by of The Lincolnian Online. If you are reading this news story on another domain, it was stolen and reposted in violation of US & international trademark & copyright law. The original version of this news story can be accessed at https://www.thelincolnianonline.com/2019/06/12/spdr-sp-aerospace-defense-etf-nysearcaxar-stake-raised-by-pnc-financial-services-group-inc.html.

Read More: Net Margin – Understanding the Different Kinds of Profit

Want to see what other hedge funds are holding XAR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR).

Institutional Ownership by Quarter for SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

Receive News & Ratings for SPDR S&P Aerospace & Defense ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P Aerospace & Defense ETF and related companies with MarketBeat.com's FREE daily email newsletter.