Enclave Advisors LLC Increases Position in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

Enclave Advisors LLC increased its stake in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 20.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 74,384 shares of the company’s stock after purchasing an additional 12,786 shares during the quarter. SPDR S&P Aerospace & Defense ETF makes up 2.0% of Enclave Advisors LLC’s holdings, making the stock its 11th largest position. Enclave Advisors LLC’s holdings in SPDR S&P Aerospace & Defense ETF were worth $12,334,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in the stock. RoundAngle Advisors LLC purchased a new stake in shares of SPDR S&P Aerospace & Defense ETF during the fourth quarter valued at about $907,000. J2 Capital Management Inc purchased a new stake in SPDR S&P Aerospace & Defense ETF during the fourth quarter valued at approximately $237,000. Ameritas Advisory Services LLC boosted its stake in SPDR S&P Aerospace & Defense ETF by 13.0% in the fourth quarter. Ameritas Advisory Services LLC now owns 9,584 shares of the company’s stock valued at $1,589,000 after acquiring an additional 1,099 shares in the last quarter. Merit Financial Group LLC purchased a new position in SPDR S&P Aerospace & Defense ETF in the fourth quarter worth $871,000. Finally, Redhawk Wealth Advisors Inc. increased its position in shares of SPDR S&P Aerospace & Defense ETF by 3.5% during the fourth quarter. Redhawk Wealth Advisors Inc. now owns 2,409 shares of the company’s stock worth $400,000 after purchasing an additional 82 shares in the last quarter.

SPDR S&P Aerospace & Defense ETF Price Performance

SPDR S&P Aerospace & Defense ETF stock opened at $180.76 on Wednesday. SPDR S&P Aerospace & Defense ETF has a 1-year low of $127.75 and a 1-year high of $180.76. The business has a fifty day moving average price of $169.16 and a 200-day moving average price of $158.66. The stock has a market capitalization of $2.72 billion, a price-to-earnings ratio of 30.33 and a beta of 0.85.

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.