SPDR S&P Aerospace & Defense ETF $XAR Stake Boosted by Scarborough Advisors LLC

Scarborough Advisors LLC boosted its holdings in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 456.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,281 shares of the company’s stock after purchasing an additional 3,511 shares during the quarter. Scarborough Advisors LLC’s holdings in SPDR S&P Aerospace & Defense ETF were worth $1,087,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Corient Private Wealth LLC boosted its holdings in shares of SPDR S&P Aerospace & Defense ETF by 2,023.8% in the 4th quarter. Corient Private Wealth LLC now owns 513,629 shares of the company’s stock valued at $123,908,000 after buying an additional 489,444 shares during the period. CWM LLC raised its stake in SPDR S&P Aerospace & Defense ETF by 2,668.1% during the fourth quarter. CWM LLC now owns 206,667 shares of the company’s stock worth $49,856,000 after acquiring an additional 199,201 shares during the period. Robinhood Asset Management LLC bought a new position in SPDR S&P Aerospace & Defense ETF in the fourth quarter worth about $35,579,000. BNP Paribas Financial Markets lifted its holdings in SPDR S&P Aerospace & Defense ETF by 174.4% in the third quarter. BNP Paribas Financial Markets now owns 122,530 shares of the company’s stock worth $28,790,000 after acquiring an additional 77,870 shares during the last quarter. Finally, LPL Financial LLC lifted its holdings in SPDR S&P Aerospace & Defense ETF by 5.6% in the fourth quarter. LPL Financial LLC now owns 1,286,887 shares of the company’s stock worth $310,449,000 after acquiring an additional 68,722 shares during the last quarter.

SPDR S&P Aerospace & Defense ETF Stock Performance

NYSEARCA:XAR opened at $258.57 on Monday. The firm has a market capitalization of $5.84 billion, a PE ratio of 35.83 and a beta of 1.00. The stock has a 50 day moving average of $274.95 and a 200-day moving average of $272.01. SPDR S&P Aerospace & Defense ETF has a 52 week low of $208.77 and a 52 week high of $295.39.

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.