Alamea Verwaltungs GmbH Acquires New Stake in SPDR S&P Aerospace & Defense ETF $XAR

Alamea Verwaltungs GmbH acquired a new stake in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) during the 4th quarter, HoldingsChannel reports. The firm acquired 7,000 shares of the company’s stock, valued at approximately $1,689,000. SPDR S&P Aerospace & Defense ETF accounts for about 1.1% of Alamea Verwaltungs GmbH’s investment portfolio, making the stock its 7th largest holding.

Several other institutional investors have also bought and sold shares of the company. LPL Financial LLC lifted its stake in SPDR S&P Aerospace & Defense ETF by 5.6% in the fourth quarter. LPL Financial LLC now owns 1,286,887 shares of the company’s stock valued at $310,449,000 after purchasing an additional 68,722 shares during the last quarter. Bank of America Corp DE lifted its stake in SPDR S&P Aerospace & Defense ETF by 5.8% in the third quarter. Bank of America Corp DE now owns 810,236 shares of the company’s stock valued at $190,373,000 after purchasing an additional 44,082 shares during the last quarter. Wells Fargo & Company MN lifted its stake in SPDR S&P Aerospace & Defense ETF by 19.0% in the fourth quarter. Wells Fargo & Company MN now owns 363,676 shares of the company’s stock valued at $87,733,000 after purchasing an additional 58,163 shares during the last quarter. Raymond James Financial Inc. lifted its stake in SPDR S&P Aerospace & Defense ETF by 28.7% in the third quarter. Raymond James Financial Inc. now owns 250,121 shares of the company’s stock valued at $58,768,000 after purchasing an additional 55,705 shares during the last quarter. Finally, CWM LLC lifted its stake in SPDR S&P Aerospace & Defense ETF by 2,668.1% in the fourth quarter. CWM LLC now owns 206,667 shares of the company’s stock valued at $49,856,000 after purchasing an additional 199,201 shares during the last quarter.

SPDR S&P Aerospace & Defense ETF Trading Down 1.6%

SPDR S&P Aerospace & Defense ETF stock opened at $279.97 on Friday. SPDR S&P Aerospace & Defense ETF has a 12 month low of $195.70 and a 12 month high of $295.39. The business’s 50 day simple moving average is $269.13 and its 200 day simple moving average is $264.55. The company has a market cap of $6.41 billion, a price-to-earnings ratio of 35.83 and a beta of 0.99.

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.