World Investment Advisors LLC Acquires 402 Shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

World Investment Advisors LLC increased its stake in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 4.3% during the 3rd quarter, Holdings Channel reports. The firm owned 9,838 shares of the company’s stock after purchasing an additional 402 shares during the quarter. World Investment Advisors LLC’s holdings in SPDR S&P Aerospace & Defense ETF were worth $1,548,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of XAR. LPL Financial LLC grew its stake in SPDR S&P Aerospace & Defense ETF by 2.7% in the 2nd quarter. LPL Financial LLC now owns 1,065,669 shares of the company’s stock worth $149,172,000 after buying an additional 28,069 shares in the last quarter. Envestnet Asset Management Inc. grew its position in SPDR S&P Aerospace & Defense ETF by 8.3% in the second quarter. Envestnet Asset Management Inc. now owns 335,968 shares of the company’s stock worth $47,029,000 after acquiring an additional 25,649 shares in the last quarter. Wulff Hansen & CO. bought a new position in SPDR S&P Aerospace & Defense ETF in the second quarter valued at $41,479,000. Howard Capital Management Group LLC raised its position in SPDR S&P Aerospace & Defense ETF by 21.1% during the third quarter. Howard Capital Management Group LLC now owns 179,472 shares of the company’s stock valued at $28,238,000 after purchasing an additional 31,277 shares in the last quarter. Finally, PNC Financial Services Group Inc. lifted its stake in SPDR S&P Aerospace & Defense ETF by 20.7% during the third quarter. PNC Financial Services Group Inc. now owns 142,454 shares of the company’s stock worth $22,414,000 after purchasing an additional 24,404 shares during the last quarter.

SPDR S&P Aerospace & Defense ETF Trading Up 1.0 %

Shares of SPDR S&P Aerospace & Defense ETF stock opened at $168.31 on Friday. The firm has a market capitalization of $2.53 billion, a PE ratio of 30.33 and a beta of 0.85. SPDR S&P Aerospace & Defense ETF has a 12 month low of $126.56 and a 12 month high of $177.27. The business’s 50-day moving average price is $165.19 and its 200-day moving average price is $153.68.

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.