6,424 Shares in SPDR S&P Aerospace & Defense ETF $XAR Bought by Fifth Third Bancorp

Fifth Third Bancorp acquired a new position in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 6,424 shares of the company’s stock, valued at approximately $1,632,000.

Several other hedge funds also recently made changes to their positions in XAR. Sovran Advisors LLC acquired a new position in shares of SPDR S&P Aerospace & Defense ETF during the 1st quarter worth about $480,000. TSA Wealth Managment LLC grew its stake in shares of SPDR S&P Aerospace & Defense ETF by 47.7% in the first quarter. TSA Wealth Managment LLC now owns 1,579 shares of the company’s stock valued at $401,000 after buying an additional 510 shares in the last quarter. Kestra Advisory Services LLC increased its holdings in SPDR S&P Aerospace & Defense ETF by 32.4% during the first quarter. Kestra Advisory Services LLC now owns 30,227 shares of the company’s stock worth $7,677,000 after buying an additional 7,394 shares during the last quarter. Money Concepts Capital Corp raised its position in SPDR S&P Aerospace & Defense ETF by 12.6% during the first quarter. Money Concepts Capital Corp now owns 4,681 shares of the company’s stock worth $1,189,000 after acquiring an additional 523 shares in the last quarter. Finally, CFS Investment Advisory Services LLC bought a new stake in SPDR S&P Aerospace & Defense ETF during the first quarter worth $682,000.

SPDR S&P Aerospace & Defense ETF Stock Performance

SPDR S&P Aerospace & Defense ETF stock opened at $270.54 on Friday. The stock has a 50-day simple moving average of $274.54 and a 200 day simple moving average of $272.60. The stock has a market capitalization of $6.07 billion, a P/E ratio of 35.83 and a beta of 1.00. SPDR S&P Aerospace & Defense ETF has a 52 week low of $208.77 and a 52 week high of $295.39.

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.