Avid Wealth Partners LLC Buys Shares of 4,295 SPDR S&P Aerospace & Defense ETF $XAR

Avid Wealth Partners LLC bought a new stake in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) during the fourth quarter, HoldingsChannel reports. The institutional investor bought 4,295 shares of the company’s stock, valued at approximately $1,036,000.

A number of other large investors also recently added to or reduced their stakes in the business. Brown Advisory Inc. lifted its position in SPDR S&P Aerospace & Defense ETF by 11.9% during the 4th quarter. Brown Advisory Inc. now owns 19,019 shares of the company’s stock valued at $4,588,000 after purchasing an additional 2,022 shares during the period. Alamea Verwaltungs GmbH acquired a new position in SPDR S&P Aerospace & Defense ETF during the 4th quarter valued at about $1,689,000. CreativeOne Wealth LLC acquired a new position in SPDR S&P Aerospace & Defense ETF during the 4th quarter valued at about $510,000. Kestra Advisory Services LLC lifted its position in SPDR S&P Aerospace & Defense ETF by 1.9% during the 4th quarter. Kestra Advisory Services LLC now owns 22,833 shares of the company’s stock valued at $5,508,000 after purchasing an additional 435 shares during the period. Finally, Johnson Investment Counsel Inc. lifted its position in SPDR S&P Aerospace & Defense ETF by 5.2% during the 4th quarter. Johnson Investment Counsel Inc. now owns 1,210 shares of the company’s stock valued at $292,000 after purchasing an additional 60 shares during the period.

SPDR S&P Aerospace & Defense ETF Trading Down 1.6%

SPDR S&P Aerospace & Defense ETF stock opened at $279.97 on Friday. The company has a market cap of $6.41 billion, a PE ratio of 35.83 and a beta of 0.99. The company’s 50-day moving average is $269.13 and its two-hundred day moving average is $264.55. SPDR S&P Aerospace & Defense ETF has a 1 year low of $195.70 and a 1 year high of $295.39.

SPDR S&P Aerospace & Defense ETF Company 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.