830 Shares in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) Purchased by Lynx Investment Advisory

Lynx Investment Advisory acquired a new stake in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) in the second quarter, HoldingsChannel.com reports. The fund acquired 830 shares of the company’s stock, valued at approximately $116,000.

A number of other hedge funds also recently bought and sold shares of the business. Scarborough Advisors LLC purchased a new stake in shares of SPDR S&P Aerospace & Defense ETF in the 4th quarter valued at approximately $67,233,000. PNC Financial Services Group Inc. grew its stake 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 valued at $18,248,000 after buying an additional 63,542 shares during the period. Greenlight Capital Inc. purchased a new stake in shares of SPDR S&P Aerospace & Defense ETF in the 4th quarter valued at approximately $17,560,000. Commonwealth Equity Services LLC grew its stake in shares of SPDR S&P Aerospace & Defense ETF by 17.2% in the 1st quarter. Commonwealth Equity Services LLC now owns 120,597 shares of the company’s stock valued at $16,945,000 after buying an additional 17,730 shares during the period. Finally, Global Assets Advisory LLC purchased a new stake in shares of SPDR S&P Aerospace & Defense ETF in the 1st quarter valued at approximately $15,635,000.

SPDR S&P Aerospace & Defense ETF Stock Up 0.7 %

Shares of SPDR S&P Aerospace & Defense ETF stock traded up $1.03 during mid-day trading on Tuesday, hitting $141.74. The stock had a trading volume of 102,974 shares, compared to its average volume of 76,919. The firm has a 50-day moving average of $143.16 and a two-hundred day moving average of $138.97. SPDR S&P Aerospace & Defense ETF has a 12-month low of $108.32 and a 12-month high of $152.31. The firm has a market cap of $2.13 billion, a P/E ratio of 30.33 and a beta of 0.85.

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.