Strategy Asset Managers LLC Boosts Stake in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

Strategy Asset Managers LLC boosted its holdings in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 4.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,499 shares of the company’s stock after acquiring an additional 251 shares during the period. Strategy Asset Managers LLC’s holdings in SPDR S&P Aerospace & Defense ETF were worth $912,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. Wilmington Savings Fund Society FSB purchased a new stake in shares of SPDR S&P Aerospace & Defense ETF in the 4th quarter valued at approximately $50,000. EverSource Wealth Advisors LLC lifted its stake in shares of SPDR S&P Aerospace & Defense ETF by 1,685.0% in the 4th quarter. EverSource Wealth Advisors LLC now owns 357 shares of the company’s stock valued at $59,000 after purchasing an additional 337 shares during the last quarter. Values First Advisors Inc. purchased a new position in shares of SPDR S&P Aerospace & Defense ETF during the 4th quarter worth $65,000. SRS Capital Advisors Inc. acquired a new stake in shares of SPDR S&P Aerospace & Defense ETF during the 4th quarter worth about $66,000. Finally, Stonebridge Financial Group LLC purchased a new position in SPDR S&P Aerospace & Defense ETF during the fourth quarter worth about $77,000.

SPDR S&P Aerospace & Defense ETF Stock Down 2.0 %

XAR opened at $161.89 on Friday. The firm has a market cap of $2.61 billion, a P/E ratio of 28.68 and a beta of 1.13. SPDR S&P Aerospace & Defense ETF has a 52 week low of $131.78 and a 52 week high of $181.39. The business has a fifty day simple moving average of $168.24 and a 200-day simple moving average of $165.35.

SPDR S&P Aerospace & Defense ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, March 26th. Stockholders of record on Monday, March 24th were given a dividend of $0.1897 per share. The ex-dividend date was Monday, March 24th. This is a boost from SPDR S&P Aerospace & Defense ETF’s previous dividend of $0.16.

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.