Ausdal Financial Partners Inc. Boosts Stake in SPDR S&P Aerospace & Defense ETF $XAR

Ausdal Financial Partners Inc. raised its stake in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 132.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 14,200 shares of the company’s stock after acquiring an additional 8,081 shares during the quarter. Ausdal Financial Partners Inc. owned approximately 0.07% of SPDR S&P Aerospace & Defense ETF worth $3,337,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Bank of America Corp DE lifted its stake in shares of SPDR S&P Aerospace & Defense ETF by 5.8% during the 3rd quarter. Bank of America Corp DE now owns 810,236 shares of the company’s stock worth $190,373,000 after purchasing an additional 44,082 shares during the last quarter. Raymond James Financial Inc. grew its stake in SPDR S&P Aerospace & Defense ETF by 28.7% in the third quarter. Raymond James Financial Inc. now owns 250,121 shares of the company’s stock valued at $58,768,000 after purchasing an additional 55,705 shares during the last quarter. Quadrature Capital Ltd bought a new position in SPDR S&P Aerospace & Defense ETF in the third quarter worth about $46,032,000. Howard Capital Management Group LLC raised its holdings in SPDR S&P Aerospace & Defense ETF by 0.6% in the third quarter. Howard Capital Management Group LLC now owns 189,800 shares of the company’s stock worth $44,595,000 after purchasing an additional 1,128 shares in the last quarter. Finally, Commonwealth Equity Services LLC lifted its position in SPDR S&P Aerospace & Defense ETF by 13.2% during the third quarter. Commonwealth Equity Services LLC now owns 151,571 shares of the company’s stock valued at $35,613,000 after acquiring an additional 17,677 shares during the last quarter.

SPDR S&P Aerospace & Defense ETF Stock Down 1.3%

Shares of SPDR S&P Aerospace & Defense ETF stock opened at $265.21 on Monday. SPDR S&P Aerospace & Defense ETF has a 52 week low of $137.09 and a 52 week high of $295.39. The company has a 50 day moving average price of $277.61 and a 200 day moving average price of $249.34. The firm has a market capitalization of $5.64 billion, a P/E ratio of 35.83 and a beta of 1.13.

SPDR S&P Aerospace & Defense ETF 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.