Ameriprise Financial Inc. Has $10.76 Million Holdings in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

Ameriprise Financial Inc. trimmed its holdings in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 14.6% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 64,905 shares of the company’s stock after selling 11,064 shares during the period. Ameriprise Financial Inc. owned approximately 0.43% of SPDR S&P Aerospace & Defense ETF worth $10,763,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. LPL Financial LLC boosted its holdings in shares of SPDR S&P Aerospace & Defense ETF by 15.3% during the 4th quarter. LPL Financial LLC now owns 1,190,664 shares of the company’s stock worth $197,436,000 after buying an additional 157,742 shares in the last quarter. Wells Fargo & Company MN increased its position in shares of SPDR S&P Aerospace & Defense ETF by 60.2% during the 4th quarter. Wells Fargo & Company MN now owns 238,949 shares of the company’s stock valued at $39,623,000 after purchasing an additional 89,751 shares during the last quarter. Howard Capital Management Group LLC increased its position in shares of SPDR S&P Aerospace & Defense ETF by 3.8% during the 4th quarter. Howard Capital Management Group LLC now owns 186,333 shares of the company’s stock valued at $30,898,000 after purchasing an additional 6,861 shares during the last quarter. PNC Financial Services Group Inc. increased its holdings in SPDR S&P Aerospace & Defense ETF by 4.3% in the 4th quarter. PNC Financial Services Group Inc. now owns 148,575 shares of the company’s stock worth $24,637,000 after acquiring an additional 6,121 shares during the last quarter. Finally, Commonwealth Equity Services LLC increased its holdings in SPDR S&P Aerospace & Defense ETF by 4.6% in the 4th quarter. Commonwealth Equity Services LLC now owns 134,037 shares of the company’s stock worth $22,226,000 after acquiring an additional 5,917 shares during the last quarter.

SPDR S&P Aerospace & Defense ETF Stock Performance

Shares of XAR opened at $188.50 on Tuesday. The business has a 50-day moving average of $166.94 and a 200 day moving average of $168.15. SPDR S&P Aerospace & Defense ETF has a fifty-two week low of $137.09 and a fifty-two week high of $189.28. The firm has a market cap of $3.06 billion, a P/E ratio of 32.39 and a beta of 1.06.

SPDR S&P Aerospace & Defense ETF Company 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.