SPDR S&P Aerospace & Defense ETF $XAR Shares Bought by Western Wealth Management LLC

Western Wealth Management LLC increased its stake in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 181.9% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 7,988 shares of the company’s stock after acquiring an additional 5,154 shares during the quarter. Western Wealth Management LLC’s holdings in SPDR S&P Aerospace & Defense ETF were worth $2,029,000 at the end of the most recent quarter.

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

SPDR S&P Aerospace & Defense ETF Price Performance

XAR stock opened at $264.86 on Friday. SPDR S&P Aerospace & Defense ETF has a 52-week low of $208.77 and a 52-week high of $295.39. The company’s 50 day simple moving average is $274.79 and its 200-day simple moving average is $272.55. The firm has a market capitalization of $5.99 billion, a P/E ratio of 35.83 and a beta of 1.00.

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.