Lynx Investment Advisory acquired a new stake in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR – Free Report) 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.
Featured Stories
- Five stocks we like better than SPDR S&P Aerospace & Defense ETF
- Unveiling The Power Of VWAP: A Key Indicator For Traders
- Uber’s Earnings Beat: Rideshare and Delivery Surge
- 3 Best Fintech Stocks for a Portfolio Boost
- Hims & Hers Reports Stellar Quarter: Stock Set for a Rally
- How to Invest in the Best Canadian Stocks
- Cloudflare Stock Flares Up on Solid EPS Beat and Raised Guidance
Want to see what other hedge funds are holding XAR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR – Free Report).
Receive News & Ratings for SPDR S&P Aerospace & Defense ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P Aerospace & Defense ETF and related companies with MarketBeat.com's FREE daily email newsletter.