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

Kestra Private Wealth Services LLC acquired a new position in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 2,043 shares of the company’s stock, valued at approximately $277,000.

Other large investors have also added to or reduced their stakes in the company. Magnus Financial Group LLC bought a new position in SPDR S&P Aerospace & Defense ETF in the 4th quarter valued at $254,000. Truist Financial Corp grew its position in SPDR S&P Aerospace & Defense ETF by 10.8% during the fourth quarter. Truist Financial Corp now owns 42,153 shares of the company’s stock worth $5,708,000 after buying an additional 4,107 shares in the last quarter. VCI Wealth Management LLC purchased a new stake in shares of SPDR S&P Aerospace & Defense ETF in the 4th quarter valued at about $692,000. Atria Wealth Solutions Inc. boosted its position in shares of SPDR S&P Aerospace & Defense ETF by 17.7% during the 4th quarter. Atria Wealth Solutions Inc. now owns 19,690 shares of the company’s stock valued at $2,666,000 after acquiring an additional 2,959 shares during the last quarter. Finally, Capital Advisors Ltd. LLC purchased a new position in shares of SPDR S&P Aerospace & Defense ETF during the fourth quarter worth about $60,000.

SPDR S&P Aerospace & Defense ETF Trading Up 0.1 %

XAR stock opened at $141.26 on Thursday. The company’s 50 day moving average is $137.45 and its 200 day moving average is $131.80. The stock has a market cap of $2.12 billion, a price-to-earnings 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.

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.