Kestra Private Wealth Services LLC Invests $277,000 in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

Kestra Private Wealth Services LLC bought a new stake in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 2,043 shares of the company’s stock, valued at approximately $277,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Picton Mahoney Asset Management grew its stake in shares of SPDR S&P Aerospace & Defense ETF by 100.1% during the 3rd quarter. Picton Mahoney Asset Management now owns 1,500 shares of the company’s stock worth $168,000 after acquiring an additional 1,100,000 shares in the last quarter. LPL Financial LLC increased its stake in SPDR S&P Aerospace & Defense ETF by 13.5% in the 3rd quarter. LPL Financial LLC now owns 843,623 shares of the company’s stock valued at $94,570,000 after buying an additional 100,289 shares during the last quarter. Modera Wealth Management LLC bought a new stake in SPDR S&P Aerospace & Defense ETF during the 3rd quarter worth about $11,064,000. International Assets Investment Management LLC acquired a new position in shares of SPDR S&P Aerospace & Defense ETF during the 4th quarter worth about $7,244,000. Finally, Migdal Insurance & Financial Holdings Ltd. grew its holdings in shares of SPDR S&P Aerospace & Defense ETF by 119.8% in the 4th quarter. Migdal Insurance & Financial Holdings Ltd. now owns 87,806 shares of the company’s stock valued at $11,927,000 after acquiring an additional 47,856 shares in the last quarter.

SPDR S&P Aerospace & Defense ETF Stock Performance

NYSEARCA:XAR opened at $141.26 on Thursday. The stock’s 50-day simple moving average is $137.45 and its 200 day simple moving average is $131.80. SPDR S&P Aerospace & Defense ETF has a 52-week low of $108.32 and a 52-week high of $142.78. The company has a market cap of $2.12 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.