HBW Advisory Services LLC Grows Holdings in SPDR S&P Aerospace & Defense ETF $XAR

HBW Advisory Services LLC raised its holdings in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 431.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 26,679 shares of the company’s stock after purchasing an additional 21,658 shares during the quarter. HBW Advisory Services LLC owned 0.12% of SPDR S&P Aerospace & Defense ETF worth $6,776,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. LPL Financial LLC increased its stake in SPDR S&P Aerospace & Defense ETF by 5.6% in the 4th quarter. LPL Financial LLC now owns 1,286,887 shares of the company’s stock worth $310,449,000 after buying an additional 68,722 shares during the period. Bank of America Corp DE boosted its position in SPDR S&P Aerospace & Defense ETF by 5.8% in the 3rd quarter. Bank of America Corp DE now owns 810,236 shares of the company’s stock valued at $190,373,000 after buying an additional 44,082 shares during the period. Corient Private Wealth LLC boosted its position in SPDR S&P Aerospace & Defense ETF by 2,023.8% in the 4th quarter. Corient Private Wealth LLC now owns 513,629 shares of the company’s stock valued at $123,908,000 after buying an additional 489,444 shares during the period. Wells Fargo & Company MN grew its stake in SPDR S&P Aerospace & Defense ETF by 19.0% in the 4th quarter. Wells Fargo & Company MN now owns 363,676 shares of the company’s stock worth $87,733,000 after acquiring an additional 58,163 shares in the last quarter. Finally, Raymond James Financial Inc. grew its stake in SPDR S&P Aerospace & Defense ETF by 28.7% in the 3rd quarter. Raymond James Financial Inc. now owns 250,121 shares of the company’s stock worth $58,768,000 after acquiring an additional 55,705 shares in the last quarter.

SPDR S&P Aerospace & Defense ETF Stock Performance

Shares of NYSEARCA:XAR opened at $264.17 on Tuesday. The firm has a market cap of $6.00 billion, a PE ratio of 35.83 and a beta of 1.00. The firm’s 50 day simple moving average is $274.95 and its 200-day simple moving average is $271.60. SPDR S&P Aerospace & Defense ETF has a one year low of $208.77 and a one year high of $295.39.

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.