Cetera Advisor Networks LLC Has $4.41 Million Stock Position in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

Cetera Advisor Networks LLC grew its holdings in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 3.9% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 36,301 shares of the company’s stock after buying an additional 1,359 shares during the quarter. Cetera Advisor Networks LLC owned 0.28% of SPDR S&P Aerospace & Defense ETF worth $4,412,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the business. BNP Paribas Arbitrage SA boosted its holdings in SPDR S&P Aerospace & Defense ETF by 39.9% during the first quarter. BNP Paribas Arbitrage SA now owns 351,282 shares of the company’s stock worth $43,798,000 after purchasing an additional 100,225 shares during the last quarter. UBS Group AG boosted its holdings in SPDR S&P Aerospace & Defense ETF by 60.8% during the first quarter. UBS Group AG now owns 226,415 shares of the company’s stock worth $28,230,000 after purchasing an additional 85,641 shares during the last quarter. LPL Financial LLC boosted its holdings in SPDR S&P Aerospace & Defense ETF by 12.4% during the first quarter. LPL Financial LLC now owns 723,878 shares of the company’s stock worth $84,629,000 after purchasing an additional 79,763 shares during the last quarter. International Assets Investment Management LLC purchased a new position in SPDR S&P Aerospace & Defense ETF during the first quarter worth about $3,699,000. Finally, One Plus One Wealth Management LLC purchased a new position in SPDR S&P Aerospace & Defense ETF during the second quarter worth about $7,046,000.

SPDR S&P Aerospace & Defense ETF Stock Performance

SPDR S&P Aerospace & Defense ETF stock opened at $125.88 on Tuesday. SPDR S&P Aerospace & Defense ETF has a fifty-two week low of $106.31 and a fifty-two week high of $127.16. The stock has a market cap of $1.60 billion, a PE ratio of 21.50 and a beta of 1.09. The firm’s 50-day simple moving average is $116.17 and its 200 day simple moving average is $118.15.

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.