SPDR S&P Aerospace & Defense ETF $XAR Shares Purchased by Cetera Investment Advisers

Cetera Investment Advisers raised its holdings in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 14.2% in the 1st quarter, HoldingsChannel.com reports. The fund owned 139,644 shares of the company’s stock after purchasing an additional 17,362 shares during the period. Cetera Investment Advisers’ holdings in SPDR S&P Aerospace & Defense ETF were worth $35,467,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in XAR. LPL Financial LLC grew its position in shares of SPDR S&P Aerospace & Defense ETF by 5.6% in the fourth quarter. LPL Financial LLC now owns 1,286,887 shares of the company’s stock valued at $310,449,000 after purchasing an additional 68,722 shares during the last quarter. Bank of America Corp DE raised its position in shares of SPDR S&P Aerospace & Defense ETF by 5.8% during the 3rd quarter. Bank of America Corp DE now owns 810,236 shares of the company’s stock worth $190,373,000 after purchasing an additional 44,082 shares during the last quarter. Corient Private Wealth LLC raised its position in shares of SPDR S&P Aerospace & Defense ETF by 2,023.8% during the 4th quarter. Corient Private Wealth LLC now owns 513,629 shares of the company’s stock worth $123,908,000 after purchasing an additional 489,444 shares during 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 valued at $87,733,000 after buying an additional 58,163 shares in the last quarter. Finally, Raymond James Financial Inc. lifted its stake in SPDR S&P Aerospace & Defense ETF by 28.7% in the 3rd quarter. Raymond James Financial Inc. now owns 250,121 shares of the company’s stock valued at $58,768,000 after buying an additional 55,705 shares in the last quarter.

SPDR S&P Aerospace & Defense ETF Stock Performance

Shares of NYSEARCA:XAR opened at $269.01 on Friday. The business’s fifty day moving average price is $274.71 and its two-hundred day moving average price is $272.57. The stock has a market cap of $6.03 billion, a PE ratio of 35.83 and a beta of 1.00. SPDR S&P Aerospace & Defense ETF has a one year low of $208.77 and a one year high of $295.39.

About SPDR S&P Aerospace & Defense ETF

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.