C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Purchases Shares of 3,339 SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new position in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) during the fourth quarter, Holdings Channel reports. The institutional investor acquired 3,339 shares of the company’s stock, valued at approximately $554,000.

Several other large investors have also made changes to their positions in the business. Wilmington Savings Fund Society FSB acquired a new position in SPDR S&P Aerospace & Defense ETF during the 4th quarter valued at $50,000. Values First Advisors Inc. acquired a new position in shares of SPDR S&P Aerospace & Defense ETF during the fourth quarter valued at about $65,000. Darwin Wealth Management LLC acquired a new position in shares of SPDR S&P Aerospace & Defense ETF during the third quarter valued at about $70,000. Stonebridge Financial Group LLC bought a new stake in shares of SPDR S&P Aerospace & Defense ETF in the fourth quarter valued at about $77,000. Finally, Newbridge Financial Services Group Inc. grew its position in SPDR S&P Aerospace & Defense ETF by 33.9% during the fourth quarter. Newbridge Financial Services Group Inc. now owns 509 shares of the company’s stock worth $84,000 after buying an additional 129 shares in the last quarter.

SPDR S&P Aerospace & Defense ETF Stock Down 0.8 %

SPDR S&P Aerospace & Defense ETF stock opened at $168.93 on Thursday. The business has a 50 day moving average price of $170.71 and a two-hundred day moving average price of $162.91. SPDR S&P Aerospace & Defense ETF has a 12 month low of $131.78 and a 12 month high of $181.38. The stock has a market cap of $2.54 billion, a price-to-earnings ratio of 30.33 and a beta of 0.85.

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.