HBW Advisory Services LLC Has $219,000 Holdings in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

HBW Advisory Services LLC raised its position in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 156.5% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 1,321 shares of the company’s stock after purchasing an additional 806 shares during the period. HBW Advisory Services LLC’s holdings in SPDR S&P Aerospace & Defense ETF were worth $219,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. National Bank of Canada FI grew its stake in SPDR S&P Aerospace & Defense ETF by 9.5% during the second quarter. National Bank of Canada FI now owns 818 shares of the company’s stock worth $114,000 after purchasing an additional 71 shares during the period. Wedbush Securities Inc. bought a new stake in shares of SPDR S&P Aerospace & Defense ETF in the 2nd quarter valued at $200,000. Oppenheimer & Co. Inc. lifted its position in shares of SPDR S&P Aerospace & Defense ETF by 9.0% during the 2nd quarter. Oppenheimer & Co. Inc. now owns 12,502 shares of the company’s stock valued at $1,750,000 after acquiring an additional 1,037 shares during the period. Envestnet Asset Management Inc. boosted its stake in SPDR S&P Aerospace & Defense ETF by 8.3% during the second quarter. Envestnet Asset Management Inc. now owns 335,968 shares of the company’s stock worth $47,029,000 after acquiring an additional 25,649 shares in the last quarter. Finally, Fairfield Financial Advisors LTD bought a new stake in SPDR S&P Aerospace & Defense ETF in the second quarter valued at $37,000.

SPDR S&P Aerospace & Defense ETF Trading Down 1.3 %

Shares of NYSEARCA XAR opened at $166.00 on Friday. The firm’s 50-day moving average price is $168.28 and its 200-day moving average price is $157.27. The firm has a market capitalization of $2.49 billion, a P/E ratio of 30.33 and a beta of 0.85. SPDR S&P Aerospace & Defense ETF has a 1-year low of $126.56 and a 1-year high of $177.27.

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.