World Investment Advisors LLC Boosts Stock Holdings in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

World Investment Advisors LLC lifted its holdings in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 4.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,838 shares of the company’s stock after buying an additional 402 shares during the quarter. World Investment Advisors LLC owned about 0.07% of SPDR S&P Aerospace & Defense ETF worth $1,548,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of XAR. LPL Financial LLC lifted its position in shares of SPDR S&P Aerospace & Defense ETF by 2.7% during the second quarter. LPL Financial LLC now owns 1,065,669 shares of the company’s stock worth $149,172,000 after acquiring an additional 28,069 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in SPDR S&P Aerospace & Defense ETF by 8.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 335,968 shares of the company’s stock worth $47,029,000 after purchasing an additional 25,649 shares in the last quarter. Wulff Hansen & CO. bought a new position in SPDR S&P Aerospace & Defense ETF in the 2nd quarter worth about $41,479,000. Howard Capital Management Group LLC grew its holdings in SPDR S&P Aerospace & Defense ETF by 21.1% during the 3rd quarter. Howard Capital Management Group LLC now owns 179,472 shares of the company’s stock valued at $28,238,000 after buying an additional 31,277 shares in the last quarter. Finally, PNC Financial Services Group Inc. increased its position in shares of SPDR S&P Aerospace & Defense ETF by 20.7% during the third quarter. PNC Financial Services Group Inc. now owns 142,454 shares of the company’s stock valued at $22,414,000 after buying an additional 24,404 shares during the period.

SPDR S&P Aerospace & Defense ETF Trading Up 1.0 %

XAR stock opened at $168.31 on Friday. The firm has a 50 day moving average of $165.19 and a 200-day moving average of $153.68. The firm has a market capitalization of $2.53 billion, a P/E ratio of 30.33 and a beta of 0.85. SPDR S&P Aerospace & Defense ETF has a 12 month low of $126.56 and a 12 month high of $177.27.

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.