HBW Advisory Services LLC Purchases 21,658 Shares of SPDR S&P Aerospace & Defense ETF $XAR

HBW Advisory Services LLC increased its position in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 431.3% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 26,679 shares of the company’s stock after purchasing an additional 21,658 shares during the period. HBW Advisory Services LLC’s holdings in SPDR S&P Aerospace & Defense ETF were worth $6,776,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. LPL Financial LLC lifted its stake in SPDR S&P Aerospace & Defense ETF by 5.6% in the fourth quarter. LPL Financial LLC now owns 1,286,887 shares of the company’s stock worth $310,449,000 after acquiring an additional 68,722 shares during the period. Bank of America Corp DE grew its holdings in SPDR S&P Aerospace & Defense ETF by 5.8% during the 3rd quarter. Bank of America Corp DE now owns 810,236 shares of the company’s stock worth $190,373,000 after acquiring an additional 44,082 shares in the last quarter. Corient Private Wealth LLC increased its position in SPDR S&P Aerospace & Defense ETF by 2,023.8% during the 4th quarter. Corient Private Wealth LLC now owns 513,629 shares of the company’s stock valued at $123,908,000 after purchasing an additional 489,444 shares during the period. Wells Fargo & Company MN increased its position in SPDR S&P Aerospace & Defense ETF by 19.0% during the 4th quarter. Wells Fargo & Company MN now owns 363,676 shares of the company’s stock valued at $87,733,000 after purchasing an additional 58,163 shares during the period. Finally, Raymond James Financial Inc. raised its holdings in shares of SPDR S&P Aerospace & Defense ETF by 28.7% in the 3rd quarter. Raymond James Financial Inc. now owns 250,121 shares of the company’s stock valued at $58,768,000 after purchasing an additional 55,705 shares in the last quarter.

SPDR S&P Aerospace & Defense ETF Stock Performance

NYSEARCA:XAR opened at $264.17 on Tuesday. The firm has a 50-day simple moving average of $274.95 and a 200-day simple moving average of $271.60. SPDR S&P Aerospace & Defense ETF has a one year low of $208.77 and a one year high of $295.39. The firm has a market cap of $6.00 billion, a P/E ratio of 35.83 and a beta of 1.00.

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.