Truist Financial Corp Has $5.71 Million Stock Holdings in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

Truist Financial Corp lifted its stake in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 10.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 42,153 shares of the company’s stock after acquiring an additional 4,107 shares during the quarter. Truist Financial Corp’s holdings in SPDR S&P Aerospace & Defense ETF were worth $5,708,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Fifth Third Bancorp acquired a new position in shares of SPDR S&P Aerospace & Defense ETF in the third quarter worth $25,000. Glass Jacobson Investment Advisors llc boosted its holdings in SPDR S&P Aerospace & Defense ETF by 142.0% in the fourth quarter. Glass Jacobson Investment Advisors llc now owns 242 shares of the company’s stock worth $33,000 after purchasing an additional 142 shares in the last quarter. CVA Family Office LLC bought a new stake in SPDR S&P Aerospace & Defense ETF in the fourth quarter worth $34,000. Geneos Wealth Management Inc. boosted its holdings in SPDR S&P Aerospace & Defense ETF by 111.5% in the fourth quarter. Geneos Wealth Management Inc. now owns 332 shares of the company’s stock worth $45,000 after purchasing an additional 175 shares in the last quarter. Finally, Park Place Capital Corp bought a new stake in SPDR S&P Aerospace & Defense ETF in the fourth quarter worth $54,000.

SPDR S&P Aerospace & Defense ETF Trading Up 0.8 %

Shares of NYSEARCA:XAR opened at $139.48 on Friday. The stock has a market capitalization of $2.09 billion, a PE ratio of 30.33 and a beta of 0.85. SPDR S&P Aerospace & Defense ETF has a 1 year low of $108.32 and a 1 year high of $142.78. The firm has a fifty day moving average price of $137.13 and a 200 day moving average price of $131.27.

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.