Capital Investment Advisory Services LLC Purchases Shares of 2,956 SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

Capital Investment Advisory Services LLC purchased a new stake in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) in the 4th quarter, HoldingsChannel reports. The fund purchased 2,956 shares of the company’s stock, valued at approximately $400,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of XAR. Fifth Third Bancorp bought a new stake in SPDR S&P Aerospace & Defense ETF in the third quarter valued at $25,000. Impact Partnership Wealth LLC acquired a new position in shares of SPDR S&P Aerospace & Defense ETF during the third quarter valued at about $26,000. Glass Jacobson Investment Advisors llc grew its holdings in shares of SPDR S&P Aerospace & Defense ETF by 142.0% during the fourth quarter. Glass Jacobson Investment Advisors llc now owns 242 shares of the company’s stock valued at $33,000 after buying an additional 142 shares during the last quarter. CVA Family Office LLC acquired a new position in shares of SPDR S&P Aerospace & Defense ETF during the fourth quarter valued at about $34,000. Finally, Geneos Wealth Management Inc. grew its holdings in shares of SPDR S&P Aerospace & Defense ETF by 111.5% during the fourth quarter. Geneos Wealth Management Inc. now owns 332 shares of the company’s stock valued at $45,000 after buying an additional 175 shares during the last quarter.

SPDR S&P Aerospace & Defense ETF Stock Performance

SPDR S&P Aerospace & Defense ETF stock opened at $135.19 on Wednesday. SPDR S&P Aerospace & Defense ETF has a fifty-two week low of $108.32 and a fifty-two week high of $142.78. The stock has a market cap of $2.04 billion, a PE ratio of 29.37 and a beta of 0.84. The firm’s 50-day simple moving average is $136.88 and its 200 day simple moving average is $130.22.

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.