Snowden Capital Advisors LLC Raises Position in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

Snowden Capital Advisors LLC raised its position in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 15.6% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 3,450 shares of the company’s stock after acquiring an additional 465 shares during the quarter. Snowden Capital Advisors LLC’s holdings in SPDR S&P Aerospace & Defense ETF were worth $572,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of XAR. Quadcap Wealth Management LLC boosted its stake in SPDR S&P Aerospace & Defense ETF by 10.4% during the 4th quarter. Quadcap Wealth Management LLC now owns 15,432 shares of the company’s stock worth $2,559,000 after purchasing an additional 1,459 shares during the last quarter. Obsidian Personal Planning Solutions LLC lifted its stake in shares of SPDR S&P Aerospace & Defense ETF by 4.5% in the fourth quarter. Obsidian Personal Planning Solutions LLC now owns 36,341 shares of the company’s stock worth $6,376,000 after buying an additional 1,559 shares in the last quarter. Focus Partners Wealth boosted its position in SPDR S&P Aerospace & Defense ETF by 5,354.9% during the fourth quarter. Focus Partners Wealth now owns 90,224 shares of the company’s stock worth $14,961,000 after acquiring an additional 88,570 shares during the last quarter. FWL Investment Management LLC boosted its position in SPDR S&P Aerospace & Defense ETF by 317.1% during the fourth quarter. FWL Investment Management LLC now owns 584 shares of the company’s stock worth $97,000 after acquiring an additional 444 shares during the last quarter. Finally, D. E. Shaw & Co. Inc. purchased a new stake in SPDR S&P Aerospace & Defense ETF during the 4th quarter valued at about $381,000.

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

XAR stock opened at $188.61 on Wednesday. The firm has a 50-day moving average of $167.54 and a two-hundred day moving average of $168.30. SPDR S&P Aerospace & Defense ETF has a 12 month low of $137.09 and a 12 month high of $189.28. The company has a market cap of $3.06 billion, a price-to-earnings ratio of 32.39 and a beta of 1.06.

SPDR S&P Aerospace & Defense ETF Company 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.