BostonPremier Wealth LLC Makes New Investment in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

BostonPremier Wealth LLC bought a new position in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 1,816 shares of the company’s stock, valued at approximately $301,000.

A number of other institutional investors have also added to or reduced their stakes in the stock. Strategic Financial Concepts LLC purchased a new position in shares of SPDR S&P Aerospace & Defense ETF in the fourth quarter valued at $19,962,000. Howard Capital Management Group LLC boosted its stake in SPDR S&P Aerospace & Defense ETF by 21.1% during the third quarter. Howard Capital Management Group LLC now owns 179,472 shares of the company’s stock worth $28,238,000 after buying an additional 31,277 shares during the period. Bank of Montreal Can boosted its stake in SPDR S&P Aerospace & Defense ETF by 1,273.8% during the third quarter. Bank of Montreal Can now owns 29,179 shares of the company’s stock worth $4,575,000 after buying an additional 27,055 shares during the period. Kingsview Wealth Management LLC boosted its stake in SPDR S&P Aerospace & Defense ETF by 51.3% during the fourth quarter. Kingsview Wealth Management LLC now owns 76,176 shares of the company’s stock worth $12,632,000 after buying an additional 25,812 shares during the period. Finally, Foundations Investment Advisors LLC lifted its position in shares of SPDR S&P Aerospace & Defense ETF by 416.1% during the third quarter. Foundations Investment Advisors LLC now owns 30,850 shares of the company’s stock worth $4,854,000 after purchasing an additional 24,872 shares during the last quarter.

SPDR S&P Aerospace & Defense ETF Trading Up 1.5 %

NYSEARCA:XAR opened at $175.78 on Tuesday. SPDR S&P Aerospace & Defense ETF has a twelve month low of $130.76 and a twelve month high of $181.38. The company has a market cap of $2.64 billion, a price-to-earnings ratio of 30.33 and a beta of 0.85. The stock has a fifty day simple moving average of $170.75 and a 200-day simple moving average of $161.77.

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.