World Investment Advisors Has $1.65 Million Stock Position in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

World Investment Advisors grew its holdings in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 0.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 9,929 shares of the company’s stock after acquiring an additional 91 shares during the quarter. World Investment Advisors owned 0.07% of SPDR S&P Aerospace & Defense ETF worth $1,646,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. LPL Financial LLC lifted its position in SPDR S&P Aerospace & Defense ETF by 15.3% during the fourth quarter. LPL Financial LLC now owns 1,190,664 shares of the company’s stock worth $197,436,000 after purchasing an additional 157,742 shares during the period. Howard Capital Management Group LLC lifted its holdings in shares of SPDR S&P Aerospace & Defense ETF by 3.8% during the 4th quarter. Howard Capital Management Group LLC now owns 186,333 shares of the company’s stock worth $30,898,000 after acquiring an additional 6,861 shares during the period. PNC Financial Services Group Inc. boosted its position in shares of SPDR S&P Aerospace & Defense ETF by 4.3% during the 4th quarter. PNC Financial Services Group Inc. now owns 148,575 shares of the company’s stock worth $24,637,000 after acquiring an additional 6,121 shares in the last quarter. Commonwealth Equity Services LLC increased its stake in SPDR S&P Aerospace & Defense ETF by 4.6% in the fourth quarter. Commonwealth Equity Services LLC now owns 134,037 shares of the company’s stock valued at $22,226,000 after acquiring an additional 5,917 shares during the last quarter. Finally, Raymond James Financial Inc. acquired a new position in SPDR S&P Aerospace & Defense ETF during the fourth quarter valued at approximately $22,118,000.

SPDR S&P Aerospace & Defense ETF Stock Performance

Shares of XAR stock opened at $144.94 on Friday. SPDR S&P Aerospace & Defense ETF has a fifty-two week low of $131.78 and a fifty-two week high of $181.39. The stock’s fifty day moving average price is $166.17 and its two-hundred day moving average price is $165.67. The company has a market cap of $2.34 billion, a PE ratio of 28.70 and a beta of 1.01.

SPDR S&P Aerospace & Defense ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, March 26th. Shareholders of record on Monday, March 24th were given a $0.1897 dividend. The ex-dividend date was Monday, March 24th. This is a boost from SPDR S&P Aerospace & Defense ETF’s previous dividend of $0.16.

SPDR S&P Aerospace & Defense ETF 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.