Southern Capital Services Inc. ADV acquired a new stake in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR – Free Report) in the fourth quarter, HoldingsChannel.com reports. The firm acquired 28,236 shares of the company’s stock, valued at approximately $6,812,000. SPDR S&P Aerospace & Defense ETF comprises about 4.3% of Southern Capital Services Inc. ADV’s investment portfolio, making the stock its 9th biggest holding.
A number of other hedge funds have also recently modified their holdings of the business. Enclave Advisors LLC lifted its holdings in SPDR S&P Aerospace & Defense ETF by 3.6% during the fourth quarter. Enclave Advisors LLC now owns 129,985 shares of the company’s stock valued at $31,358,000 after purchasing an additional 4,457 shares in the last quarter. CWM LLC lifted 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 bought a new position in SPDR S&P Aerospace & Defense ETF during the fourth quarter valued at approximately $35,579,000. Breakthru Advisory Services LLC bought a new position in shares of SPDR S&P Aerospace & Defense ETF during the 4th quarter valued at approximately $9,259,000. Finally, Ascent Group LLC bought a new position in SPDR S&P Aerospace & Defense ETF during the fourth quarter valued at $462,000.
SPDR S&P Aerospace & Defense ETF Price Performance
NYSEARCA:XAR opened at $284.29 on Friday. The firm has a market capitalization of $6.50 billion, a price-to-earnings ratio of 35.83 and a beta of 0.99. The business has a 50 day simple moving average of $271.22 and a 200-day simple moving average of $266.50. SPDR S&P Aerospace & Defense ETF has a 1 year low of $196.00 and a 1 year high of $295.39.
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.
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