Waverly Advisors LLC Has $1.86 Million Stock Holdings in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

Waverly Advisors LLC grew its position in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 30.2% during the 4th quarter, Holdings Channel reports. The institutional investor owned 11,210 shares of the company’s stock after buying an additional 2,602 shares during the quarter. Waverly Advisors LLC’s holdings in SPDR S&P Aerospace & Defense ETF were worth $1,859,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently modified their holdings of the company. Wilmington Savings Fund Society FSB acquired a new position in shares of SPDR S&P Aerospace & Defense ETF in the fourth quarter valued at about $50,000. EverSource Wealth Advisors LLC boosted its holdings in SPDR S&P Aerospace & Defense ETF by 1,685.0% in the 4th quarter. EverSource Wealth Advisors LLC now owns 357 shares of the company’s stock valued at $59,000 after purchasing an additional 337 shares during the period. Values First Advisors Inc. bought a new stake in SPDR S&P Aerospace & Defense ETF in the 4th quarter valued at about $65,000. SRS Capital Advisors Inc. acquired a new position in shares of SPDR S&P Aerospace & Defense ETF during the 4th quarter worth approximately $66,000. Finally, Stonebridge Financial Group LLC acquired a new position in shares of SPDR S&P Aerospace & Defense ETF during the 4th quarter worth approximately $77,000.

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

Shares of XAR opened at $184.93 on Friday. SPDR S&P Aerospace & Defense ETF has a 12 month low of $137.09 and a 12 month high of $189.28. The firm’s 50 day moving average is $168.42 and its 200-day moving average is $168.62. The stock has a market capitalization of $3.01 billion, a PE 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.