Stonebridge Financial Group LLC Invests $77,000 in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

Stonebridge Financial Group LLC acquired a new stake in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 466 shares of the company’s stock, valued at approximately $77,000.

A number of other institutional investors also recently added to or reduced their stakes in the business. World Investment Advisors LLC raised its position in SPDR S&P Aerospace & Defense ETF by 4.3% in the third quarter. World Investment Advisors LLC now owns 9,838 shares of the company’s stock worth $1,548,000 after acquiring an additional 402 shares in the last quarter. Howard Capital Management Group LLC increased its holdings in shares of SPDR S&P Aerospace & Defense ETF by 3.8% in the 4th quarter. Howard Capital Management Group LLC now owns 186,333 shares of the company’s stock valued at $30,898,000 after purchasing an additional 6,861 shares in the last quarter. Mutual Advisors LLC increased its holdings in shares of SPDR S&P Aerospace & Defense ETF by 16.7% in the 4th quarter. Mutual Advisors LLC now owns 3,654 shares of the company’s stock valued at $628,000 after purchasing an additional 524 shares in the last quarter. Janney Montgomery Scott LLC lifted its stake in shares of SPDR S&P Aerospace & Defense ETF by 73.8% in the fourth quarter. Janney Montgomery Scott LLC now owns 7,083 shares of the company’s stock valued at $1,175,000 after purchasing an additional 3,007 shares during the period. Finally, Sanctuary Advisors LLC purchased a new stake in SPDR S&P Aerospace & Defense ETF during the second quarter worth about $405,000.

SPDR S&P Aerospace & Defense ETF Price Performance

XAR opened at $171.49 on Thursday. SPDR S&P Aerospace & Defense ETF has a 1-year low of $130.76 and a 1-year high of $181.38. The stock has a market cap of $2.58 billion, a P/E ratio of 30.33 and a beta of 0.85. The stock’s 50 day simple moving average is $170.84 and its 200 day simple moving average is $162.14.

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.