SPDR S&P Aerospace & Defense ETF (XAR) Shares Bought by IFP Advisors Inc

IFP Advisors Inc raised its stake in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 61.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,925 shares of the company’s stock after buying an additional 2,259 shares during the period. IFP Advisors Inc’s holdings in SPDR S&P Aerospace & Defense ETF were worth $590,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in XAR. Royal Bank of Canada grew its stake in shares of SPDR S&P Aerospace & Defense ETF by 29.3% in the 1st quarter. Royal Bank of Canada now owns 44,352 shares of the company’s stock worth $3,853,000 after purchasing an additional 10,041 shares during the last quarter. Cumberland Advisors Inc. grew its stake in shares of SPDR S&P Aerospace & Defense ETF by 2.1% in the 2nd quarter. Cumberland Advisors Inc. now owns 64,905 shares of the company’s stock worth $5,655,000 after purchasing an additional 1,360 shares during the last quarter. Global Trust Asset Management LLC acquired a new position in shares of SPDR S&P Aerospace & Defense ETF in the 2nd quarter worth approximately $218,000. Prospera Financial Services Inc acquired a new position in shares of SPDR S&P Aerospace & Defense ETF in the 2nd quarter worth approximately $393,000. Finally, Professional Planning grew its stake in shares of SPDR S&P Aerospace & Defense ETF by 21.6% in the 2nd quarter. Professional Planning now owns 26,168 shares of the company’s stock worth $2,280,000 after purchasing an additional 4,656 shares during the last quarter.

Shares of XAR opened at $90.16 on Friday. SPDR S&P Aerospace & Defense ETF has a 12-month low of $78.91 and a 12-month high of $101.22.

Further Reading: How Do You Calculate Return on Equity (ROE)?

Institutional Ownership by Quarter for SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

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