Raymond James Financial Services Advisors Inc. raised its stake in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 5.4% during the first quarter, HoldingsChannel.com reports. The firm owned 413,312 shares of the company’s stock after buying an additional 21,094 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in SPDR S&P Aerospace & Defense ETF were worth $37,955,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of XAR. Bank of New York Mellon Corp purchased a new stake in SPDR S&P Aerospace & Defense ETF during the third quarter valued at approximately $217,000. PFG Advisors purchased a new stake in SPDR S&P Aerospace & Defense ETF during the fourth quarter valued at approximately $2,246,000. Avestar Capital LLC purchased a new stake in SPDR S&P Aerospace & Defense ETF during the fourth quarter valued at approximately $1,035,000. Flagship Harbor Advisors LLC raised its position in SPDR S&P Aerospace & Defense ETF by 60.0% during the fourth quarter. Flagship Harbor Advisors LLC now owns 400 shares of the company’s stock valued at $31,000 after purchasing an additional 150 shares during the period. Finally, Evolution Wealth Advisors LLC purchased a new stake in SPDR S&P Aerospace & Defense ETF during the fourth quarter valued at approximately $194,000.

Shares of XAR stock opened at $97.82 on Thursday. SPDR S&P Aerospace & Defense ETF has a 1 year low of $73.23 and a 1 year high of $101.22.

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Want to see what other hedge funds are holding XAR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR).

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

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