HighTower Advisors LLC Has $5.02 Million Holdings in SPDR S&P Aerospace & Defense ETF $XAR

HighTower Advisors LLC grew its position in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 19.5% in the third quarter, according to its most recent filing with the SEC. The fund owned 21,358 shares of the company’s stock after acquiring an additional 3,482 shares during the period. HighTower Advisors LLC owned 0.11% of SPDR S&P Aerospace & Defense ETF worth $5,019,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Assetmark Inc. raised its position in SPDR S&P Aerospace & Defense ETF by 71.9% in the third quarter. Assetmark Inc. now owns 110 shares of the company’s stock valued at $26,000 after purchasing an additional 46 shares during the last quarter. Harbor Investment Advisory LLC acquired a new position in shares of SPDR S&P Aerospace & Defense ETF in the third quarter valued at approximately $28,000. Smartleaf Asset Management LLC acquired a new position in shares of SPDR S&P Aerospace & Defense ETF in the third quarter valued at approximately $32,000. Darwin Wealth Management LLC bought a new position in SPDR S&P Aerospace & Defense ETF in the 2nd quarter valued at approximately $43,000. Finally, Center for Financial Planning Inc. acquired a new stake in SPDR S&P Aerospace & Defense ETF during the 3rd quarter worth approximately $45,000.

SPDR S&P Aerospace & Defense ETF Price Performance

XAR opened at $282.91 on Wednesday. SPDR S&P Aerospace & Defense ETF has a fifty-two week low of $137.09 and a fifty-two week high of $294.45. The company’s 50 day moving average price is $268.29 and its two-hundred day moving average price is $243.52. The firm has a market capitalization of $6.01 billion, a price-to-earnings ratio of 35.83 and a beta of 1.13.

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.