SPDR S&P Aerospace & Defense ETF $XAR Stock: Kestra Advisory Services LLC Increases Stake

Kestra Advisory Services LLC lifted its holdings in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 21.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 37,554 shares of the company’s stock after purchasing an additional 6,590 shares during the period. Kestra Advisory Services LLC owned about 0.17% of SPDR S&P Aerospace & Defense ETF worth $8,684,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Rinkey Investments bought a new stake in SPDR S&P Aerospace & Defense ETF in the second quarter worth about $20,186,000. Confluence Investment Management LLC purchased a new position in SPDR S&P Aerospace & Defense ETF in the third quarter valued at about $14,634,000. Piedmont Capital Management LLC purchased a new position in SPDR S&P Aerospace & Defense ETF in the second quarter valued at about $26,305,000. Advisory Solutions Group LLC bought a new position in shares of SPDR S&P Aerospace & Defense ETF during the 2nd quarter valued at approximately $596,000. Finally, Fifth Third Securities Inc. bought a new position in shares of SPDR S&P Aerospace & Defense ETF during the 3rd quarter valued at approximately $3,943,000.

SPDR S&P Aerospace & Defense ETF Stock Up 0.1%

SPDR S&P Aerospace & Defense ETF stock opened at $236.62 on Wednesday. The firm has a 50 day moving average price of $233.62 and a 200-day moving average price of $262.85. SPDR S&P Aerospace & Defense ETF has a twelve month low of $210.14 and a twelve month high of $297.79. The company has a market capitalization of $5.30 billion, a P/E ratio of 35.83 and a beta of 1.07.

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.