Mayflower Financial Advisors LLC Buys Shares of 2,105 SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

Mayflower Financial Advisors LLC bought a new position in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 2,105 shares of the company’s stock, valued at approximately $349,000.

A number of other institutional investors and hedge funds also recently modified their holdings of XAR. Howard Capital Management Group LLC grew its holdings in SPDR S&P Aerospace & Defense ETF by 3.8% during the fourth quarter. Howard Capital Management Group LLC now owns 186,333 shares of the company’s stock valued at $30,898,000 after purchasing an additional 6,861 shares during the period. PNC Financial Services Group Inc. grew its holdings in shares of SPDR S&P Aerospace & Defense ETF by 20.7% in the 3rd quarter. PNC Financial Services Group Inc. now owns 142,454 shares of the company’s stock valued at $22,414,000 after buying an additional 24,404 shares during the period. Raymond James & Associates grew its holdings in shares of SPDR S&P Aerospace & Defense ETF by 1.4% in the 3rd quarter. Raymond James & Associates now owns 79,824 shares of the company’s stock valued at $12,559,000 after buying an additional 1,102 shares during the period. Enclave Advisors LLC increased its position in shares of SPDR S&P Aerospace & Defense ETF by 20.8% in the 4th quarter. Enclave Advisors LLC now owns 74,384 shares of the company’s stock valued at $12,334,000 after buying an additional 12,786 shares in the last quarter. Finally, Kingsview Wealth Management LLC raised its stake in SPDR S&P Aerospace & Defense ETF by 5.1% during the 3rd quarter. Kingsview Wealth Management LLC now owns 50,364 shares of the company’s stock worth $7,924,000 after buying an additional 2,466 shares during the period.

SPDR S&P Aerospace & Defense ETF Trading Down 0.9 %

XAR stock opened at $172.63 on Thursday. SPDR S&P Aerospace & Defense ETF has a 1-year low of $127.75 and a 1-year high of $181.38. The business’s 50-day moving average price is $170.48 and its two-hundred day moving average price is $160.18. The firm has a market cap of $2.59 billion, a PE ratio of 30.33 and a beta of 0.85.

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.