Benjamin Edwards Inc. Increases Stake in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

Benjamin Edwards Inc. grew its position in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 260.1% during the 4th quarter, Holdings Channel reports. The fund owned 5,013 shares of the company’s stock after buying an additional 3,621 shares during the quarter. Benjamin Edwards Inc.’s holdings in SPDR S&P Aerospace & Defense ETF were worth $831,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in XAR. Focus Financial Network Inc. boosted its holdings in SPDR S&P Aerospace & Defense ETF by 2.6% in the 4th quarter. Focus Financial Network Inc. now owns 2,434 shares of the company’s stock valued at $404,000 after purchasing an additional 62 shares in the last quarter. Trust Co. of Toledo NA OH grew its holdings in SPDR S&P Aerospace & Defense ETF by 3.5% during the fourth quarter. Trust Co. of Toledo NA OH now owns 1,909 shares of the company’s stock worth $317,000 after acquiring an additional 64 shares during the period. Verity Asset Management Inc. raised its position in SPDR S&P Aerospace & Defense ETF by 3.9% in the fourth quarter. Verity Asset Management Inc. now owns 1,726 shares of the company’s stock worth $286,000 after acquiring an additional 64 shares in the last quarter. Redhawk Wealth Advisors Inc. lifted its holdings in SPDR S&P Aerospace & Defense ETF by 3.5% in the fourth quarter. Redhawk Wealth Advisors Inc. now owns 2,409 shares of the company’s stock valued at $400,000 after acquiring an additional 82 shares during the period. Finally, Barclays PLC boosted its position in shares of SPDR S&P Aerospace & Defense ETF by 10.3% during the 4th quarter. Barclays PLC now owns 960 shares of the company’s stock worth $159,000 after purchasing an additional 90 shares in the last quarter.

SPDR S&P Aerospace & Defense ETF Stock Up 2.0 %

NYSEARCA:XAR opened at $178.73 on Friday. The firm’s fifty day simple moving average is $163.59 and its 200-day simple moving average is $166.77. The stock has a market cap of $2.85 billion, a PE ratio of 29.48 and a beta of 1.01. SPDR S&P Aerospace & Defense ETF has a fifty-two week low of $137.09 and a fifty-two week high of $181.39.

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.