SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) Reaches New 12-Month High at $145.11

SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) reached a new 52-week high during trading on Tuesday . The company traded as high as $145.11 and last traded at $145.11, with a volume of 14012 shares changing hands. The stock had previously closed at $144.84.

SPDR S&P Aerospace & Defense ETF Stock Performance

The stock’s 50-day moving average is $138.25 and its 200 day moving average is $133.75. The stock has a market capitalization of $2.16 billion, a PE ratio of 30.33 and a beta of 0.85.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the stock. Fifth Third Bancorp purchased a new position in SPDR S&P Aerospace & Defense ETF during the 3rd quarter worth $25,000. Glass Jacobson Investment Advisors llc lifted its stake in shares of SPDR S&P Aerospace & Defense ETF by 142.0% in the 4th quarter. Glass Jacobson Investment Advisors llc now owns 242 shares of the company’s stock worth $33,000 after acquiring an additional 142 shares during the period. CVA Family Office LLC acquired a new stake in shares of SPDR S&P Aerospace & Defense ETF in the 4th quarter worth $34,000. WASHINGTON TRUST Co acquired a new stake in shares of SPDR S&P Aerospace & Defense ETF in the 1st quarter worth $35,000. Finally, Solstein Capital LLC acquired a new stake in shares of SPDR S&P Aerospace & Defense ETF in the 1st quarter worth $46,000.

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.