Optimum Investment Advisors Increases Stock Holdings in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

Optimum Investment Advisors increased its holdings in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 17.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,346 shares of the company’s stock after purchasing an additional 200 shares during the period. Optimum Investment Advisors’ holdings in SPDR S&P Aerospace & Defense ETF were worth $223,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Sanctuary Advisors LLC grew its position in shares of SPDR S&P Aerospace & Defense ETF by 14.1% in the fourth quarter. Sanctuary Advisors LLC now owns 2,415 shares of the company’s stock valued at $424,000 after purchasing an additional 299 shares during the period. Steward Partners Investment Advisory LLC grew its position in SPDR S&P Aerospace & Defense ETF by 5.7% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 3,118 shares of the company’s stock valued at $517,000 after acquiring an additional 168 shares during the period. Raymond James Financial Inc. purchased a new stake in SPDR S&P Aerospace & Defense ETF during the fourth quarter valued at about $22,118,000. Allworth Financial LP grew its position in SPDR S&P Aerospace & Defense ETF by 36.5% during the fourth quarter. Allworth Financial LP now owns 617 shares of the company’s stock valued at $110,000 after acquiring an additional 165 shares during the period. Finally, World Investment Advisors LLC grew its position in SPDR S&P Aerospace & Defense ETF by 4.3% during the third quarter. World Investment Advisors LLC now owns 9,838 shares of the company’s stock valued at $1,548,000 after acquiring an additional 402 shares during the period.

SPDR S&P Aerospace & Defense ETF Trading Down 0.3 %

XAR stock opened at $164.40 on Friday. The stock has a 50-day moving average price of $168.57 and a two-hundred day moving average price of $164.88. SPDR S&P Aerospace & Defense ETF has a 12-month low of $131.78 and a 12-month high of $181.39. The company has a market cap of $2.66 billion, a PE ratio of 28.68 and a beta of 1.13.

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.