SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) Reaches New 52-Week High at $149.86

SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)’s share price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $149.86 and last traded at $149.49, with a volume of 76381 shares trading hands. The stock had previously closed at $145.42.

SPDR S&P Aerospace & Defense ETF Stock Up 1.5 %

The firm has a market capitalization of $2.22 billion, a price-to-earnings ratio of 30.33 and a beta of 0.85. The company’s 50 day moving average is $142.60 and its 200 day moving average is $137.91.

Institutional Investors Weigh In On SPDR S&P Aerospace & Defense ETF

Several institutional investors have recently made changes to their positions in the stock. Brookstone Capital Management acquired a new position in SPDR S&P Aerospace & Defense ETF in the fourth quarter valued at about $206,000. SG Americas Securities LLC bought a new position in SPDR S&P Aerospace & Defense ETF in the 4th quarter valued at about $569,000. Mutual Advisors LLC raised its position in shares of SPDR S&P Aerospace & Defense ETF by 11.9% in the 4th quarter. Mutual Advisors LLC now owns 2,522 shares of the company’s stock valued at $342,000 after buying an additional 268 shares in the last quarter. Raymond James & Associates lifted its holdings in shares of SPDR S&P Aerospace & Defense ETF by 12.3% during the 4th quarter. Raymond James & Associates now owns 83,251 shares of the company’s stock worth $11,274,000 after acquiring an additional 9,148 shares during the period. Finally, CVA Family Office LLC acquired a new stake in shares of SPDR S&P Aerospace & Defense ETF during the 4th quarter worth approximately $34,000.

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.