SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) Hits New 1-Year High – Here’s What Happened

by · The Cerbat Gem

SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR – Get Free Report) shares reached a new 52-week high on Friday . The company traded as high as $160.15 and last traded at $160.15, with a volume of 130464 shares. The stock had previously closed at $157.00.

SPDR S&P Aerospace & Defense ETF Stock Performance

The stock has a 50 day moving average price of $152.70 and a two-hundred day moving average price of $145.11. The company has a market capitalization of $2.41 billion, a PE ratio of 30.33 and a beta of 0.85.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in XAR. Fairfield Financial Advisors LTD acquired a new position in shares of SPDR S&P Aerospace & Defense ETF during the 2nd quarter valued at about $37,000. Mather Group LLC. acquired a new position in shares of SPDR S&P Aerospace & Defense ETF during the 2nd quarter valued at about $49,000. GPS Wealth Strategies Group LLC increased its holdings in shares of SPDR S&P Aerospace & Defense ETF by 43.9% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 459 shares of the company’s stock valued at $64,000 after acquiring an additional 140 shares during the last quarter. ORG Partners LLC acquired a new stake in SPDR S&P Aerospace & Defense ETF in the 2nd quarter valued at approximately $77,000. Finally, National Bank of Canada FI grew its holdings in SPDR S&P Aerospace & Defense ETF by 9.5% in the 2nd quarter. National Bank of Canada FI now owns 818 shares of the company’s stock valued at $114,000 after buying an additional 71 shares during the last quarter.

SPDR S&P Aerospace & Defense ETF Company Profile

(Get Free Report)

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.

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