SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR – Get Free Report) shares reached a new 52-week high on Monday . The company traded as high as $145.47 and last traded at $144.84, with a volume of 26131 shares trading hands. The stock had previously closed at $143.69.
SPDR S&P Aerospace & Defense ETF Stock Performance
The company has a market capitalization of $2.18 billion, a PE ratio of 30.33 and a beta of 0.85. The company has a 50 day moving average price of $141.93 and a 200 day moving average price of $137.21.
Institutional Investors Weigh In On SPDR S&P Aerospace & Defense ETF
A number of institutional investors have recently made changes to their positions in XAR. Scarborough Advisors LLC acquired a new stake in shares of SPDR S&P Aerospace & Defense ETF during the 4th quarter worth approximately $67,233,000. Greenlight Capital Inc. acquired a new position in shares of SPDR S&P Aerospace & Defense ETF during the fourth quarter valued at $17,560,000. Global Assets Advisory LLC bought a new position in shares of SPDR S&P Aerospace & Defense ETF during the first quarter worth about $15,635,000. Cetera Investment Advisers increased its holdings in shares of SPDR S&P Aerospace & Defense ETF by 278.1% in the 1st quarter. Cetera Investment Advisers now owns 87,630 shares of the company’s stock worth $12,313,000 after acquiring an additional 64,451 shares during the period. Finally, PNC Financial Services Group Inc. increased its holdings in shares of SPDR S&P Aerospace & Defense ETF by 89.2% in the 4th quarter. PNC Financial Services Group Inc. now owns 134,748 shares of the company’s stock worth $18,248,000 after acquiring an additional 63,542 shares during the period.
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.
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