SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) Position Boosted by Migdal Insurance & Financial Holdings Ltd.

Migdal Insurance & Financial Holdings Ltd. raised its holdings in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 119.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 87,806 shares of the company’s stock after acquiring an additional 47,856 shares during the quarter. Migdal Insurance & Financial Holdings Ltd.’s holdings in SPDR S&P Aerospace & Defense ETF were worth $11,927,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Bank of New York Mellon Corp lifted its holdings in shares of SPDR S&P Aerospace & Defense ETF by 21.9% during the 1st quarter. Bank of New York Mellon Corp now owns 2,438 shares of the company’s stock valued at $304,000 after buying an additional 438 shares during the last quarter. HighTower Advisors LLC lifted its holdings in shares of SPDR S&P Aerospace & Defense ETF by 11.4% during the 1st quarter. HighTower Advisors LLC now owns 12,068 shares of the company’s stock valued at $1,505,000 after buying an additional 1,233 shares during the last quarter. Bank of Montreal Can lifted its holdings in SPDR S&P Aerospace & Defense ETF by 295.7% in the 1st quarter. Bank of Montreal Can now owns 1,579 shares of the company’s stock worth $201,000 after purchasing an additional 1,180 shares during the last quarter. Synovus Financial Corp acquired a new stake in SPDR S&P Aerospace & Defense ETF in the 1st quarter worth approximately $548,000. Finally, Cibc World Market Inc. lifted its holdings in SPDR S&P Aerospace & Defense ETF by 61.6% in the 1st quarter. Cibc World Market Inc. now owns 5,746 shares of the company’s stock worth $716,000 after purchasing an additional 2,190 shares during the last quarter.

SPDR S&P Aerospace & Defense ETF Price Performance

XAR traded down $0.80 on Wednesday, hitting $132.41. The company had a trading volume of 35,742 shares, compared to its average volume of 79,841. The company’s fifty day moving average price is $136.80 and its 200 day moving average price is $129.42. SPDR S&P Aerospace & Defense ETF has a 1-year low of $108.32 and a 1-year high of $142.78. The stock has a market cap of $2.00 billion, a price-to-earnings ratio of 29.37 and a beta of 0.84.

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.