Pinnacle Wealth Management Advisory Group LLC grew its stake in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR – Free Report) by 10.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,410 shares of the company’s stock after acquiring an additional 135 shares during the period. Pinnacle Wealth Management Advisory Group LLC’s holdings in SPDR S&P Aerospace & Defense ETF were worth $234,000 at the end of the most recent reporting period.
Other institutional investors also recently bought and sold shares of the company. Wilmington Savings Fund Society FSB purchased a new stake in SPDR S&P Aerospace & Defense ETF in the 4th quarter worth approximately $50,000. Values First Advisors Inc. purchased a new stake in shares of SPDR S&P Aerospace & Defense ETF in the fourth quarter valued at $65,000. Darwin Wealth Management LLC purchased a new stake in shares of SPDR S&P Aerospace & Defense ETF in the third quarter valued at $70,000. Stonebridge Financial Group LLC purchased a new position in SPDR S&P Aerospace & Defense ETF during the fourth quarter worth about $77,000. Finally, Newbridge Financial Services Group Inc. boosted its stake in SPDR S&P Aerospace & Defense ETF by 33.9% in the 4th quarter. Newbridge Financial Services Group Inc. now owns 509 shares of the company’s stock worth $84,000 after buying an additional 129 shares during the last quarter.
SPDR S&P Aerospace & Defense ETF Stock Down 0.7 %
Shares of XAR opened at $168.77 on Tuesday. The firm has a market cap of $2.53 billion, a PE ratio of 30.33 and a beta of 0.85. The company’s fifty day moving average is $170.67 and its two-hundred day moving average is $162.58. SPDR S&P Aerospace & Defense ETF has a fifty-two week low of $131.78 and a fifty-two week high of $181.38.
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.
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