VCI Wealth Management LLC Buys New Shares in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

VCI Wealth Management LLC bought a new stake in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 5,109 shares of the company’s stock, valued at approximately $692,000.

Several other hedge funds and other institutional investors have also made changes to their positions in XAR. Picton Mahoney Asset Management grew its stake in shares of SPDR S&P Aerospace & Defense ETF by 100.1% in the third quarter. Picton Mahoney Asset Management now owns 1,500 shares of the company’s stock valued at $168,000 after buying an additional 1,100,000 shares in the last quarter. LPL Financial LLC grew its stake in shares of SPDR S&P Aerospace & Defense ETF by 13.5% in the third quarter. LPL Financial LLC now owns 843,623 shares of the company’s stock valued at $94,570,000 after buying an additional 100,289 shares in the last quarter. Modera Wealth Management LLC bought a new position in shares of SPDR S&P Aerospace & Defense ETF in the third quarter valued at $11,064,000. International Assets Investment Management LLC bought a new position in shares of SPDR S&P Aerospace & Defense ETF in the fourth quarter valued at $7,244,000. Finally, Migdal Insurance & Financial Holdings Ltd. grew its stake in shares of SPDR S&P Aerospace & Defense ETF by 119.8% in the fourth quarter. Migdal Insurance & Financial Holdings Ltd. now owns 87,806 shares of the company’s stock valued at $11,927,000 after buying an additional 47,856 shares in the last quarter.

SPDR S&P Aerospace & Defense ETF Stock Down 0.0 %

Shares of NYSEARCA:XAR traded down $0.04 during midday trading on Thursday, hitting $134.60. The stock had a trading volume of 63,304 shares, compared to its average volume of 78,932. SPDR S&P Aerospace & Defense ETF has a 12 month low of $108.32 and a 12 month high of $142.78. The business’s 50-day simple moving average is $136.87 and its 200-day simple moving average is $130.26. The company has a market cap of $2.03 billion, a P/E 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.