CoreFirst Bank & Trust Takes $143,000 Position in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

CoreFirst Bank & Trust acquired a new position in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XARFree Report) during the fourth quarter, HoldingsChannel.com reports. The fund acquired 865 shares of the company’s stock, valued at approximately $143,000.

Several other large investors also recently added to or reduced their stakes in XAR. Wilmington Savings Fund Society FSB purchased a new position in shares of SPDR S&P Aerospace & Defense ETF during the 4th quarter worth $50,000. EverSource Wealth Advisors LLC grew its holdings in SPDR S&P Aerospace & Defense ETF by 1,685.0% during the fourth quarter. EverSource Wealth Advisors LLC now owns 357 shares of the company’s stock valued at $59,000 after purchasing an additional 337 shares during the period. Values First Advisors Inc. purchased a new stake in SPDR S&P Aerospace & Defense ETF in the fourth quarter worth about $65,000. SRS Capital Advisors Inc. bought a new position in shares of SPDR S&P Aerospace & Defense ETF in the fourth quarter worth about $66,000. Finally, Stonebridge Financial Group LLC purchased a new position in shares of SPDR S&P Aerospace & Defense ETF during the 4th quarter valued at about $77,000.

SPDR S&P Aerospace & Defense ETF Trading Up 2.8 %

Shares of NYSEARCA:XAR opened at $168.95 on Tuesday. The stock has a 50 day moving average of $168.63 and a 200 day moving average of $165.10. The company has a market cap of $2.73 billion, a PE ratio of 28.68 and a beta of 1.13. SPDR S&P Aerospace & Defense ETF has a 12-month low of $131.78 and a 12-month high of $181.39.

SPDR S&P Aerospace & Defense ETF Increases Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, March 26th. Stockholders of record on Monday, March 24th will be paid a $0.1897 dividend. The ex-dividend date of this dividend is Monday, March 24th. This is a boost from SPDR S&P Aerospace & Defense ETF’s previous dividend of $0.16.

About SPDR S&P Aerospace & Defense ETF

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding XAR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P Aerospace & Defense ETF (NYSEARCA:XARFree Report).

Institutional Ownership by Quarter for SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

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