Murphy & Mullick Capital Management Corp Invests $168,000 in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

Murphy & Mullick Capital Management Corp bought a new stake in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 1,016 shares of the company’s stock, valued at approximately $168,000.

Several other institutional investors have also recently added to or reduced their stakes in the business. Wilmington Savings Fund Society FSB acquired a new position in shares of SPDR S&P Aerospace & Defense ETF in the 4th quarter valued at $50,000. EverSource Wealth Advisors LLC boosted its holdings in SPDR S&P Aerospace & Defense ETF by 1,685.0% in the fourth quarter. EverSource Wealth Advisors LLC now owns 357 shares of the company’s stock valued at $59,000 after acquiring an additional 337 shares during the last quarter. Values First Advisors Inc. purchased a new stake in SPDR S&P Aerospace & Defense ETF during the fourth quarter valued at about $65,000. SRS Capital Advisors Inc. purchased a new stake in SPDR S&P Aerospace & Defense ETF during the fourth quarter valued at about $66,000. Finally, Stonebridge Financial Group LLC acquired a new stake in SPDR S&P Aerospace & Defense ETF during the fourth quarter worth about $77,000.

SPDR S&P Aerospace & Defense ETF Stock Performance

Shares of 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. The stock has a market capitalization of $2.69 billion, a P/E ratio of 28.68 and a beta of 1.13. SPDR S&P Aerospace & Defense ETF has a 1 year low of $131.78 and a 1 year high of $181.39.

SPDR S&P Aerospace & Defense ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, March 26th. Shareholders of record on Monday, March 24th were paid a dividend of $0.1897 per share. The ex-dividend date was Monday, March 24th. This is a boost from SPDR S&P Aerospace & Defense ETF’s previous dividend of $0.16.

About SPDR S&P Aerospace & Defense ETF

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.