Cetera Investment Advisers Increases Position in SPDR S&P Aerospace & Defense ETF $XAR

Cetera Investment Advisers lifted its stake in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 14.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 139,644 shares of the company’s stock after purchasing an additional 17,362 shares during the period. Cetera Investment Advisers owned approximately 0.61% of SPDR S&P Aerospace & Defense ETF worth $35,467,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. NewEdge Advisors LLC increased its holdings in SPDR S&P Aerospace & Defense ETF by 0.8% in the first quarter. NewEdge Advisors LLC now owns 8,257 shares of the company’s stock valued at $1,327,000 after buying an additional 67 shares in the last quarter. Empowered Funds LLC acquired a new stake in shares of SPDR S&P Aerospace & Defense ETF in the 1st quarter worth approximately $1,582,000. Jane Street Group LLC grew its holdings in shares of SPDR S&P Aerospace & Defense ETF by 10.0% in the 1st quarter. Jane Street Group LLC now owns 18,380 shares of the company’s stock worth $2,953,000 after acquiring an additional 1,667 shares during the period. EverSource Wealth Advisors LLC grew its holdings in shares of SPDR S&P Aerospace & Defense ETF by 30.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 540 shares of the company’s stock worth $114,000 after acquiring an additional 127 shares during the period. Finally, Walleye Capital LLC purchased a new position in SPDR S&P Aerospace & Defense ETF in the 2nd quarter valued at approximately $589,000.

SPDR S&P Aerospace & Defense ETF Stock Performance

Shares of XAR stock opened at $269.01 on Friday. The stock has a fifty day moving average price of $274.71 and a 200 day moving average price of $272.57. The stock has a market cap of $6.03 billion, a PE ratio of 35.83 and a beta of 1.00. SPDR S&P Aerospace & Defense ETF has a 1 year low of $208.77 and a 1 year high of $295.39.

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.