1,759 Shares in SPDR S&P Aerospace & Defense ETF $XAR Acquired by Tempo Wealth LLC

Tempo Wealth LLC bought a new stake in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) during the 4th quarter, HoldingsChannel.com reports. The firm bought 1,759 shares of the company’s stock, valued at approximately $424,000.

A number of other hedge funds also recently modified their holdings of XAR. LPL Financial LLC grew its holdings in shares of SPDR S&P Aerospace & Defense ETF by 5.6% during the fourth quarter. LPL Financial LLC now owns 1,286,887 shares of the company’s stock valued at $310,449,000 after buying an additional 68,722 shares in the last quarter. Bank of America Corp DE raised its position in SPDR S&P Aerospace & Defense ETF by 5.8% during the third quarter. Bank of America Corp DE now owns 810,236 shares of the company’s stock valued at $190,373,000 after buying an additional 44,082 shares during the period. Corient Private Wealth LLC lifted its stake in 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 worth $123,908,000 after acquiring an additional 489,444 shares in the last quarter. Wells Fargo & Company MN lifted its stake in SPDR S&P Aerospace & Defense ETF by 19.0% in the 4th quarter. Wells Fargo & Company MN now owns 363,676 shares of the company’s stock worth $87,733,000 after acquiring an additional 58,163 shares in the last quarter. Finally, Raymond James Financial Inc. boosted its position in SPDR S&P Aerospace & Defense ETF by 28.7% during the 3rd quarter. Raymond James Financial Inc. now owns 250,121 shares of the company’s stock worth $58,768,000 after acquiring an additional 55,705 shares during the period.

SPDR S&P Aerospace & Defense ETF Price Performance

NYSEARCA:XAR opened at $284.29 on Friday. SPDR S&P Aerospace & Defense ETF has a fifty-two week low of $196.00 and a fifty-two week high of $295.39. The stock’s 50-day moving average is $271.22 and its two-hundred day moving average is $266.50. The stock has a market cap of $6.50 billion, a PE ratio of 35.83 and a beta of 0.99.

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.