1,285 Shares in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) Bought by PKS Advisory Services LLC

PKS Advisory Services LLC bought a new stake in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 1,285 shares of the company’s stock, valued at approximately $213,000.

Several other large investors also recently modified their holdings of XAR. LPL Financial LLC raised its holdings in shares of SPDR S&P Aerospace & Defense ETF by 15.3% during the fourth quarter. LPL Financial LLC now owns 1,190,664 shares of the company’s stock worth $197,436,000 after acquiring an additional 157,742 shares during the period. Howard Capital Management Group LLC increased its holdings in 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 worth $30,898,000 after purchasing an additional 6,861 shares in the last quarter. PNC Financial Services Group Inc. raised its stake in shares of 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 valued at $24,637,000 after purchasing an additional 6,121 shares during the period. Commonwealth Equity Services LLC lifted its holdings in shares of SPDR S&P Aerospace & Defense ETF by 4.6% in the fourth quarter. Commonwealth Equity Services LLC now owns 134,037 shares of the company’s stock valued at $22,226,000 after purchasing an additional 5,917 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new position in shares of SPDR S&P Aerospace & Defense ETF during the fourth quarter worth about $22,118,000.

SPDR S&P Aerospace & Defense ETF Stock Performance

NYSEARCA:XAR opened at $166.72 on Thursday. The stock has a 50-day simple moving average of $168.59 and a 200 day simple moving average of $165.27. SPDR S&P Aerospace & Defense ETF has a 52-week low of $131.78 and a 52-week high of $181.39. The company has a market cap of $2.69 billion, a PE ratio of 28.68 and a beta of 1.13.

SPDR S&P Aerospace & Defense ETF Increases Dividend

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

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.