Newbridge Financial Services Group Inc. Acquires 129 Shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

Newbridge Financial Services Group Inc. raised its holdings in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 33.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 509 shares of the company’s stock after purchasing an additional 129 shares during the period. Newbridge Financial Services Group Inc.’s holdings in SPDR S&P Aerospace & Defense ETF were worth $84,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Strategic Financial Concepts LLC purchased a new position in shares of SPDR S&P Aerospace & Defense ETF during the fourth quarter valued at approximately $19,962,000. Howard Capital Management Group LLC increased its position in SPDR S&P Aerospace & Defense ETF by 21.1% during the 3rd 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 period. Bank of Montreal Can raised its holdings in SPDR S&P Aerospace & Defense ETF by 1,273.8% in the 3rd quarter. Bank of Montreal Can now owns 29,179 shares of the company’s stock worth $4,575,000 after purchasing an additional 27,055 shares in the last quarter. Kingsview Wealth Management LLC lifted its position in shares of SPDR S&P Aerospace & Defense ETF by 51.3% in the 4th quarter. Kingsview Wealth Management LLC now owns 76,176 shares of the company’s stock worth $12,632,000 after purchasing an additional 25,812 shares during the period. Finally, Foundations Investment Advisors LLC boosted its stake in shares of SPDR S&P Aerospace & Defense ETF by 416.1% during the 3rd 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 in the last quarter.

SPDR S&P Aerospace & Defense ETF Price Performance

Shares of NYSEARCA XAR opened at $175.78 on Tuesday. SPDR S&P Aerospace & Defense ETF has a 1 year low of $130.76 and a 1 year high of $181.38. The stock has a market capitalization of $2.64 billion, a P/E ratio of 30.33 and a beta of 0.85. The company’s 50-day moving average is $170.75 and its 200 day moving average is $161.77.

SPDR S&P Aerospace & Defense ETF 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.