D.A. Davidson & CO. Buys 280 Shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

D.A. Davidson & CO. boosted its holdings in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 1.9% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 14,997 shares of the company’s stock after acquiring an additional 280 shares during the quarter. D.A. Davidson & CO.’s holdings in SPDR S&P Aerospace & Defense ETF were worth $2,487,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. Wilmington Savings Fund Society FSB purchased a new position in SPDR S&P Aerospace & Defense ETF in the fourth quarter worth $50,000. Values First Advisors Inc. purchased a new position in SPDR S&P Aerospace & Defense ETF in the fourth quarter worth $65,000. Darwin Wealth Management LLC purchased a new position in SPDR S&P Aerospace & Defense ETF in the third quarter worth $70,000. Stonebridge Financial Group LLC purchased a new position in SPDR S&P Aerospace & Defense ETF in the fourth quarter worth $77,000. Finally, Newbridge Financial Services Group Inc. grew its holdings in SPDR S&P Aerospace & Defense ETF by 33.9% in the fourth quarter. Newbridge Financial Services Group Inc. now owns 509 shares of the company’s stock worth $84,000 after purchasing an additional 129 shares during the last quarter.

SPDR S&P Aerospace & Defense ETF Trading Down 2.9 %

NYSEARCA XAR opened at $162.69 on Friday. SPDR S&P Aerospace & Defense ETF has a 12-month low of $131.78 and a 12-month high of $181.38. The firm’s fifty day simple moving average is $170.74 and its two-hundred day simple moving average is $162.98. The firm has a market capitalization of $2.44 billion, a P/E 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.