Rockefeller Capital Management L.P. Raises Position in SPDR S&P Aerospace & Defense ETF $XAR

Rockefeller Capital Management L.P. lifted its stake in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 123.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 36,758 shares of the company’s stock after buying an additional 20,334 shares during the period. Rockefeller Capital Management L.P.’s holdings in SPDR S&P Aerospace & Defense ETF were worth $8,868,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the stock. Assetmark Inc. lifted its stake in SPDR S&P Aerospace & Defense ETF by 71.9% during the 3rd quarter. Assetmark Inc. now owns 110 shares of the company’s stock valued at $26,000 after acquiring an additional 46 shares in the last quarter. Strive Financial Group LLC bought a new stake in shares of SPDR S&P Aerospace & Defense ETF in the 4th quarter worth $30,000. Milestone Investment Advisors LLC purchased a new stake in shares of SPDR S&P Aerospace & Defense ETF in the third quarter valued at about $32,000. Darwin Wealth Management LLC bought a new position in shares of SPDR S&P Aerospace & Defense ETF during the second quarter valued at about $43,000. Finally, Key Financial Inc bought a new position in shares of SPDR S&P Aerospace & Defense ETF during the fourth quarter valued at about $50,000.

SPDR S&P Aerospace & Defense ETF Stock Performance

SPDR S&P Aerospace & Defense ETF stock opened at $272.78 on Friday. SPDR S&P Aerospace & Defense ETF has a fifty-two week low of $202.40 and a fifty-two week high of $295.39. The firm’s 50-day simple moving average is $271.44 and its 200 day simple moving average is $268.06. The stock has a market cap of $6.24 billion, a PE ratio of 35.83 and a beta of 0.99.

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.