SPDR S&P Aerospace & Defense ETF $XAR Shares Bought by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. grew its stake in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 2.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 128,716 shares of the company’s stock after acquiring an additional 3,558 shares during the quarter. PNC Financial Services Group Inc. owned about 0.61% of SPDR S&P Aerospace & Defense ETF worth $31,051,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of XAR. NewEdge Advisors LLC grew its holdings in shares of SPDR S&P Aerospace & Defense ETF by 0.8% during the 1st quarter. NewEdge Advisors LLC now owns 8,257 shares of the company’s stock worth $1,327,000 after purchasing an additional 67 shares during the period. Empowered Funds LLC purchased a new stake in shares of SPDR S&P Aerospace & Defense ETF during the 1st quarter worth about $1,582,000. Jane Street Group LLC grew its holdings in shares of SPDR S&P Aerospace & Defense ETF by 10.0% during the 1st quarter. Jane Street Group LLC now owns 18,380 shares of the company’s stock worth $2,953,000 after purchasing an additional 1,667 shares during the period. EverSource Wealth Advisors LLC grew its holdings in shares of SPDR S&P Aerospace & Defense ETF by 30.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 540 shares of the company’s stock worth $114,000 after purchasing an additional 127 shares during the period. Finally, Walleye Capital LLC purchased a new stake in shares of SPDR S&P Aerospace & Defense ETF during the 2nd quarter worth about $589,000.

SPDR S&P Aerospace & Defense ETF Stock Performance

Shares of NYSEARCA:XAR opened at $271.18 on Friday. SPDR S&P Aerospace & Defense ETF has a 1 year low of $183.00 and a 1 year high of $295.39. The stock has a market capitalization of $6.20 billion, a P/E ratio of 35.83 and a beta of 0.98. The stock has a 50-day simple moving average of $264.45 and a 200-day simple moving average of $259.68.

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.