Cable Hill Partners LLC Makes New Investment in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

Cable Hill Partners LLC acquired a new position in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 1,373 shares of the company’s stock, valued at approximately $216,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of XAR. Wulff Hansen & CO. purchased a new stake in shares of SPDR S&P Aerospace & Defense ETF during the second quarter worth about $41,479,000. Strategic Financial Concepts LLC raised its stake in SPDR S&P Aerospace & Defense ETF by 2,746.3% during the second quarter. Strategic Financial Concepts LLC now owns 85,674 shares of the company’s stock valued at $120,000 after buying an additional 82,664 shares in the last quarter. Cetera Investment Advisers raised its stake in SPDR S&P Aerospace & Defense ETF by 278.1% during the first quarter. Cetera Investment Advisers now owns 87,630 shares of the company’s stock valued at $12,313,000 after buying an additional 64,451 shares in the last quarter. Retirement Planning Group LLC acquired a new stake in shares of SPDR S&P Aerospace & Defense ETF during the 2nd quarter worth approximately $5,559,000. Finally, CoreCap Advisors LLC acquired a new stake in shares of SPDR S&P Aerospace & Defense ETF during the 2nd quarter worth approximately $5,459,000.

SPDR S&P Aerospace & Defense ETF Trading Down 3.4 %

Shares of SPDR S&P Aerospace & Defense ETF stock opened at $165.57 on Friday. The business’s 50 day simple moving average is $158.04 and its 200-day simple moving average is $149.26. The stock has a market capitalization of $2.49 billion, a price-to-earnings ratio of 30.33 and a beta of 0.85. SPDR S&P Aerospace & Defense ETF has a twelve month low of $123.59 and a twelve month high of $175.28.

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.