NewEdge Advisors LLC Buys 3,523 Shares of SPDR S&P Aerospace & Defense ETF $XAR

NewEdge Advisors LLC lifted its stake in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 21.8% in the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 19,686 shares of the company’s stock after purchasing an additional 3,523 shares during the quarter. NewEdge Advisors LLC owned about 0.09% of SPDR S&P Aerospace & Defense ETF worth $5,000,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the stock. CWM LLC boosted its stake in SPDR S&P Aerospace & Defense ETF by 2,668.1% during the fourth quarter. CWM LLC now owns 206,667 shares of the company’s stock worth $49,856,000 after buying an additional 199,201 shares during the period. Mirae Asset Global Investments Co. Ltd. raised its stake in shares of SPDR S&P Aerospace & Defense ETF by 1,737.5% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 29,400 shares of the company’s stock valued at $7,092,000 after acquiring an additional 27,800 shares during the period. PNC Financial Services Group Inc. raised its stake in shares of SPDR S&P Aerospace & Defense ETF by 2.8% in the fourth quarter. PNC Financial Services Group Inc. now owns 128,716 shares of the company’s stock valued at $31,051,000 after acquiring an additional 3,558 shares during the period. U.S. Capital Wealth Advisors LLC raised its stake in shares of SPDR S&P Aerospace & Defense ETF by 137.9% in the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 6,667 shares of the company’s stock valued at $1,608,000 after acquiring an additional 3,865 shares during the period. Finally, Sanctuary Advisors LLC lifted its holdings in shares of SPDR S&P Aerospace & Defense ETF by 153.2% in the 4th quarter. Sanctuary Advisors LLC now owns 14,457 shares of the company’s stock worth $3,488,000 after acquiring an additional 8,747 shares during the last quarter.

SPDR S&P Aerospace & Defense ETF Trading Up 1.4%

XAR stock opened at $292.33 on Wednesday. SPDR S&P Aerospace & Defense ETF has a 12 month low of $208.77 and a 12 month high of $295.39. The company has a 50-day moving average price of $275.28 and a 200 day moving average price of $272.32. The stock has a market cap of $6.61 billion, a PE ratio of 35.83 and a beta of 1.01.

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.