Migdal Insurance & Financial Holdings Ltd. Has $3.96 Million Position in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

Migdal Insurance & Financial Holdings Ltd. lifted its holdings in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 23.0% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 25,199 shares of the company’s stock after purchasing an additional 4,712 shares during the quarter. Migdal Insurance & Financial Holdings Ltd.’s holdings in SPDR S&P Aerospace & Defense ETF were worth $3,958,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of XAR. Wulff Hansen & CO. acquired a new position in shares of SPDR S&P Aerospace & Defense ETF in the 2nd quarter valued at approximately $41,479,000. Strategic Financial Concepts LLC boosted its position in SPDR S&P Aerospace & Defense ETF by 2,746.3% during the 2nd quarter. Strategic Financial Concepts LLC now owns 85,674 shares of the company’s stock worth $120,000 after acquiring an additional 82,664 shares during the last quarter. Cetera Investment Advisers boosted its position in SPDR S&P Aerospace & Defense ETF by 278.1% during the 1st quarter. Cetera Investment Advisers now owns 87,630 shares of the company’s stock worth $12,313,000 after acquiring an additional 64,451 shares during the last quarter. Retirement Planning Group LLC acquired a new position in SPDR S&P Aerospace & Defense ETF during the 2nd quarter worth approximately $5,559,000. Finally, CoreCap Advisors LLC acquired a new position in SPDR S&P Aerospace & Defense ETF during the 2nd quarter worth approximately $5,459,000.

SPDR S&P Aerospace & Defense ETF Price Performance

NYSEARCA:XAR traded up $5.64 during trading hours on Friday, reaching $168.50. 194,911 shares of the stock were exchanged, compared to its average volume of 103,706. SPDR S&P Aerospace & Defense ETF has a twelve month low of $119.12 and a twelve month high of $169.10. The firm has a 50 day moving average of $156.98 and a 200 day moving average of $148.43. The stock has a market cap of $2.53 billion, a PE ratio of 30.33 and a beta of 0.85.

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.