SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) Position Increased by Meitav Investment House Ltd.

Meitav Investment House Ltd. raised its position in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 11.1% during the third quarter, HoldingsChannel.com reports. The firm owned 30,039 shares of the company’s stock after buying an additional 3,005 shares during the quarter. Meitav Investment House Ltd.’s holdings in SPDR S&P Aerospace & Defense ETF were worth $4,686,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the company. Financial Advocates Investment Management grew its position in SPDR S&P Aerospace & Defense ETF by 228.9% in the third quarter. Financial Advocates Investment Management now owns 6,117 shares of the company’s stock worth $962,000 after acquiring an additional 4,257 shares in the last quarter. Gateway Wealth Partners LLC lifted its stake in shares of SPDR S&P Aerospace & Defense ETF by 10.7% in the 3rd quarter. Gateway Wealth Partners LLC now owns 1,847 shares of the company’s stock valued at $291,000 after purchasing an additional 179 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of SPDR S&P Aerospace & Defense ETF in the 3rd quarter valued at $1,854,000. Private Advisor Group LLC increased its position in SPDR S&P Aerospace & Defense ETF by 17.1% during the third quarter. Private Advisor Group LLC now owns 19,244 shares of the company’s stock worth $3,028,000 after buying an additional 2,814 shares during the last quarter. Finally, Foundations Investment Advisors LLC increased its position in SPDR S&P Aerospace & Defense ETF by 416.1% during the third quarter. Foundations Investment Advisors LLC now owns 30,850 shares of the company’s stock worth $4,854,000 after buying an additional 24,872 shares during the last quarter.

SPDR S&P Aerospace & Defense ETF Price Performance

Shares of NYSEARCA:XAR opened at $156.93 on Thursday. The stock has a market capitalization of $2.36 billion, a P/E ratio of 30.33 and a beta of 0.85. The business has a 50-day moving average of $156.16 and a two-hundred day moving average of $147.22. SPDR S&P Aerospace & Defense ETF has a fifty-two week low of $113.24 and a fifty-two week high of $164.88.

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.