Global View Capital Management LLC grew its stake in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR – Free Report) by 34.1% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,740 shares of the company’s stock after buying an additional 2,475 shares during the quarter. SPDR S&P Aerospace & Defense ETF accounts for about 0.5% of Global View Capital Management LLC’s investment portfolio, making the stock its 24th biggest holding. Global View Capital Management LLC’s holdings in SPDR S&P Aerospace & Defense ETF were worth $2,252,000 as of its most recent filing with the Securities & Exchange Commission.
Several other large investors also recently made changes to their positions in the stock. Advocacy Wealth Management LLC acquired a new stake in shares of SPDR S&P Aerospace & Defense ETF during the second quarter worth $458,273,000. Bank of America Corp DE boosted its stake in SPDR S&P Aerospace & Defense ETF by 5.6% in the 1st quarter. Bank of America Corp DE now owns 848,721 shares of the company’s stock worth $215,558,000 after purchasing an additional 45,281 shares during the period. Royal Bank of Canada increased its holdings in SPDR S&P Aerospace & Defense ETF by 19.2% during the 1st quarter. Royal Bank of Canada now owns 173,149 shares of the company’s stock worth $43,976,000 after purchasing an additional 27,883 shares in the last quarter. Howard Capital Management Group LLC increased its holdings in SPDR S&P Aerospace & Defense ETF by 0.3% during the 3rd quarter. Howard Capital Management Group LLC now owns 185,014 shares of the company’s stock worth $42,784,000 after purchasing an additional 606 shares in the last quarter. Finally, PNC Financial Services Group Inc. increased its holdings in SPDR S&P Aerospace & Defense ETF by 8.9% during the 1st quarter. PNC Financial Services Group Inc. now owns 140,175 shares of the company’s stock worth $35,602,000 after purchasing an additional 11,459 shares in the last quarter.
SPDR S&P Aerospace & Defense ETF Price Performance
XAR opened at $227.37 on Friday. The business’s 50-day moving average price is $238.66 and its two-hundred day moving average price is $264.86. SPDR S&P Aerospace & Defense ETF has a 1 year low of $210.14 and a 1 year high of $297.79. The company has a market capitalization of $5.09 billion, a price-to-earnings ratio of 35.83 and a beta of 1.03.
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.
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