HF Advisory Group LLC Boosts Stock Position in SPDR S&P Aerospace & Defense ETF $XAR

HF Advisory Group LLC lifted its stake in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 462.6% in the fourth quarter, Holdings Channel.com reports. The fund owned 6,138 shares of the company’s stock after purchasing an additional 5,047 shares during the period. HF Advisory Group LLC’s holdings in SPDR S&P Aerospace & Defense ETF were worth $1,481,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in XAR. Silver Oak Securities Incorporated bought a new stake in shares of SPDR S&P Aerospace & Defense ETF during the 4th quarter valued at $313,000. Brookstone Capital Management lifted its holdings in SPDR S&P Aerospace & Defense ETF by 81.8% during the 4th quarter. Brookstone Capital Management now owns 5,677 shares of the company’s stock worth $1,370,000 after purchasing an additional 2,555 shares in the last quarter. ORG Partners LLC boosted its stake in SPDR S&P Aerospace & Defense ETF by 20.4% in the 4th quarter. ORG Partners LLC now owns 514 shares of the company’s stock worth $124,000 after purchasing an additional 87 shares during the period. Nova Wealth Management Inc. boosted its stake in SPDR S&P Aerospace & Defense ETF by 3.9% in the 4th quarter. Nova Wealth Management Inc. now owns 2,388 shares of the company’s stock worth $576,000 after purchasing an additional 90 shares during the period. Finally, Global View Capital Management LLC grew its holdings in SPDR S&P Aerospace & Defense ETF by 6.3% during the 4th quarter. Global View Capital Management LLC now owns 4,995 shares of the company’s stock valued at $1,205,000 after buying an additional 298 shares in the last quarter.

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

Shares of XAR opened at $259.58 on Friday. The business’s 50-day moving average price is $272.51 and its 200-day moving average price is $253.12. SPDR S&P Aerospace & Defense ETF has a twelve month low of $137.09 and a twelve month high of $295.39. The stock has a market cap of $5.52 billion, a PE 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.