SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) Holdings Decreased by Kraft Davis & Associates LLC

Kraft Davis & Associates LLC decreased its holdings in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 2.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 62,793 shares of the company’s stock after selling 1,606 shares during the quarter. SPDR S&P Aerospace & Defense ETF accounts for approximately 2.4% of Kraft Davis & Associates LLC’s holdings, making the stock its 16th biggest position. Kraft Davis & Associates LLC’s holdings in SPDR S&P Aerospace & Defense ETF were worth $8,122,000 at the end of the most recent quarter.

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

SPDR S&P Aerospace & Defense ETF Trading Up 0.0 %

NYSEARCA XAR traded up $0.05 on Friday, reaching $132.15. The stock had a trading volume of 55,728 shares, compared to its average volume of 79,441. The business has a 50 day moving average price of $136.83 and a 200 day moving average price of $129.61. SPDR S&P Aerospace & Defense ETF has a 1 year low of $108.32 and a 1 year high of $142.78. The company has a market capitalization of $1.99 billion, a price-to-earnings ratio of 29.37 and a beta of 0.84.

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.