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

BostonPremier Wealth LLC acquired a new stake in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) in the 4th quarter, Holdings Channel.com reports. The institutional investor acquired 1,816 shares of the company’s stock, valued at approximately $301,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in XAR. Strategic Financial Concepts LLC bought a new stake in shares of SPDR S&P Aerospace & Defense ETF in the fourth quarter valued at about $19,962,000. Howard Capital Management Group LLC grew its stake in SPDR S&P Aerospace & Defense ETF by 21.1% in the third quarter. Howard Capital Management Group LLC now owns 179,472 shares of the company’s stock valued at $28,238,000 after purchasing an additional 31,277 shares during the last quarter. Bank of Montreal Can grew its stake in SPDR S&P Aerospace & Defense ETF by 1,273.8% in the third quarter. Bank of Montreal Can now owns 29,179 shares of the company’s stock valued at $4,575,000 after purchasing an additional 27,055 shares during the last quarter. Kingsview Wealth Management LLC grew its stake in SPDR S&P Aerospace & Defense ETF by 51.3% in the fourth quarter. Kingsview Wealth Management LLC now owns 76,176 shares of the company’s stock valued at $12,632,000 after purchasing an additional 25,812 shares during the last quarter. Finally, Foundations Investment Advisors LLC grew its stake in SPDR S&P Aerospace & Defense ETF by 416.1% in the third quarter. Foundations Investment Advisors LLC now owns 30,850 shares of the company’s stock valued at $4,854,000 after purchasing an additional 24,872 shares during the last quarter.

SPDR S&P Aerospace & Defense ETF Price Performance

XAR opened at $175.78 on Tuesday. The business’s 50-day moving average is $170.75 and its two-hundred day moving average is $161.77. SPDR S&P Aerospace & Defense ETF has a 1 year low of $130.76 and a 1 year high of $181.38. The firm has a market capitalization of $2.64 billion, a PE ratio of 30.33 and a beta of 0.85.

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.