Ashton Thomas Private Wealth LLC Takes Position in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

Ashton Thomas Private Wealth LLC acquired a new position in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 3,250 shares of the company’s stock, valued at approximately $539,000.

Several other large investors have also modified their holdings of XAR. Raymond James Financial Inc. acquired a new position in SPDR S&P Aerospace & Defense ETF during the 4th quarter worth $22,118,000. Steward Partners Investment Advisory LLC increased its stake in shares of SPDR S&P Aerospace & Defense ETF by 5.7% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 3,118 shares of the company’s stock worth $517,000 after purchasing an additional 168 shares during the period. Meridian Wealth Management LLC increased its stake in shares of SPDR S&P Aerospace & Defense ETF by 3.4% in the fourth quarter. Meridian Wealth Management LLC now owns 3,020 shares of the company’s stock worth $501,000 after purchasing an additional 100 shares during the period. Jones Financial Companies Lllp lifted its position in shares of SPDR S&P Aerospace & Defense ETF by 74.7% during the 4th quarter. Jones Financial Companies Lllp now owns 11,935 shares of the company’s stock worth $1,979,000 after purchasing an additional 5,105 shares during the last quarter. Finally, SRS Capital Advisors Inc. bought a new stake in SPDR S&P Aerospace & Defense ETF during the 4th quarter valued at approximately $66,000.

SPDR S&P Aerospace & Defense ETF Stock Down 2.0 %

XAR opened at $157.71 on Tuesday. The stock’s 50 day moving average price is $169.44 and its two-hundred day moving average price is $164.41. The firm has a market capitalization of $2.60 billion, a P/E ratio of 27.49 and a beta of 1.13. SPDR S&P Aerospace & Defense ETF has a 12-month low of $131.78 and a 12-month high of $181.39.

About SPDR S&P Aerospace & Defense ETF

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.