RoundAngle Advisors LLC Acquires New Position in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

RoundAngle Advisors LLC bought a new position in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) during the 4th quarter, according to the company in its most recent filing with the SEC. The fund bought 5,467 shares of the company’s stock, valued at approximately $907,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Howard Capital Management Group LLC grew its holdings in SPDR S&P Aerospace & Defense ETF by 21.1% during the third quarter. Howard Capital Management Group LLC now owns 179,472 shares of the company’s stock worth $28,238,000 after acquiring an additional 31,277 shares during the period. PNC Financial Services Group Inc. boosted its position in shares of SPDR S&P Aerospace & Defense ETF by 20.7% during the 3rd quarter. PNC Financial Services Group Inc. now owns 142,454 shares of the company’s stock worth $22,414,000 after purchasing an additional 24,404 shares in the last quarter. Raymond James & Associates grew its stake in shares of SPDR S&P Aerospace & Defense ETF by 1.4% during the 3rd quarter. Raymond James & Associates now owns 79,824 shares of the company’s stock worth $12,559,000 after purchasing an additional 1,102 shares during the period. Kingsview Wealth Management LLC increased its holdings in shares of SPDR S&P Aerospace & Defense ETF by 5.1% in the 3rd quarter. Kingsview Wealth Management LLC now owns 50,364 shares of the company’s stock valued at $7,924,000 after purchasing an additional 2,466 shares in the last quarter. Finally, FLC Capital Advisors lifted its stake in shares of SPDR S&P Aerospace & Defense ETF by 0.6% in the third quarter. FLC Capital Advisors now owns 36,369 shares of the company’s stock valued at $5,722,000 after purchasing an additional 205 shares during the period.

SPDR S&P Aerospace & Defense ETF Trading Up 0.5 %

XAR stock opened at $172.65 on Monday. SPDR S&P Aerospace & Defense ETF has a 52 week low of $127.71 and a 52 week high of $177.27. The company has a market cap of $2.59 billion, a P/E ratio of 30.33 and a beta of 0.85. The company’s 50-day moving average price is $169.13 and its 200 day moving average price is $158.44.

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.