SPDR S&P Aerospace & Defense ETF $XAR Position Increased by Evercore Wealth Management LLC

Evercore Wealth Management LLC lifted its holdings in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 62.1% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 5,863 shares of the company’s stock after buying an additional 2,245 shares during the quarter. Evercore Wealth Management LLC’s holdings in SPDR S&P Aerospace & Defense ETF were worth $1,489,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of XAR. CWM LLC boosted its stake in SPDR S&P Aerospace & Defense ETF by 2,668.1% in the fourth quarter. CWM LLC now owns 206,667 shares of the company’s stock valued at $49,856,000 after acquiring an additional 199,201 shares during the period. Robinhood Asset Management LLC bought a new position in shares of SPDR S&P Aerospace & Defense ETF during the fourth quarter valued at approximately $35,579,000. Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of SPDR S&P Aerospace & Defense ETF by 1,737.5% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 29,400 shares of the company’s stock valued at $7,092,000 after purchasing an additional 27,800 shares during the last quarter. PNC Financial Services Group Inc. raised its position in shares of SPDR S&P Aerospace & Defense ETF by 2.8% during the 4th quarter. PNC Financial Services Group Inc. now owns 128,716 shares of the company’s stock worth $31,051,000 after purchasing an additional 3,558 shares during the period. Finally, Ascent Group LLC acquired a new stake in shares of SPDR S&P Aerospace & Defense ETF during the 4th quarter worth approximately $462,000.

SPDR S&P Aerospace & Defense ETF Trading Down 0.4%

Shares of NYSEARCA XAR opened at $271.92 on Wednesday. The company has a market cap of $6.09 billion, a price-to-earnings ratio of 35.83 and a beta of 1.00. SPDR S&P Aerospace & Defense ETF has a 12-month low of $208.77 and a 12-month high of $295.39. The stock’s 50 day simple moving average is $275.16 and its 200 day simple moving average is $272.77.

SPDR S&P Aerospace & Defense ETF Company 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.