7,915 Shares in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) Acquired by Family Asset Management LLC

Family Asset Management LLC acquired a new stake in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) during the 4th quarter, Holdings Channel.com reports. The firm acquired 7,915 shares of the company’s stock, valued at approximately $1,072,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Powell Investment Advisors LLC acquired a new position in shares of SPDR S&P Aerospace & Defense ETF in the 4th quarter valued at $237,000. VCI Wealth Management LLC bought a new stake in SPDR S&P Aerospace & Defense ETF in the fourth quarter valued at about $692,000. Raymond James & Associates lifted its stake in SPDR S&P Aerospace & Defense ETF by 12.3% in the fourth quarter. Raymond James & Associates now owns 83,251 shares of the company’s stock valued at $11,274,000 after buying an additional 9,148 shares during the period. Custom Index Systems LLC bought a new position in SPDR S&P Aerospace & Defense ETF during the fourth quarter worth about $392,000. Finally, Prime Capital Investment Advisors LLC grew its position in shares of SPDR S&P Aerospace & Defense ETF by 4.0% during the 4th quarter. Prime Capital Investment Advisors LLC now owns 2,324 shares of the company’s stock worth $315,000 after buying an additional 90 shares during the period.

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

Shares of XAR stock traded up $2.25 on Monday, reaching $141.73. The company had a trading volume of 84,154 shares, compared to its average volume of 78,718. The stock has a market cap of $2.13 billion, a PE ratio of 30.33 and a beta of 0.85. The company has a 50-day moving average of $137.27 and a 200-day moving average of $131.54. SPDR S&P Aerospace & Defense ETF has a 12 month low of $108.32 and a 12 month high of $142.78.

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.