Oppenheimer & Co. Inc. Buys 13,012 Shares of SPDR S&P Aerospace & Defense ETF $XAR

Oppenheimer & Co. Inc. purchased a new position in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) during the third quarter, HoldingsChannel reports. The fund purchased 13,012 shares of the company’s stock, valued at approximately $3,009,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Park Avenue Securities LLC acquired a new stake in SPDR S&P Aerospace & Defense ETF during the 3rd quarter worth $2,495,000. WESPAC Advisors LLC acquired a new position in SPDR S&P Aerospace & Defense ETF in the third quarter valued at about $305,000. Purewater Capital LLC grew its stake in SPDR S&P Aerospace & Defense ETF by 1.9% in the third quarter. Purewater Capital LLC now owns 9,479 shares of the company’s stock valued at $2,192,000 after acquiring an additional 178 shares during the period. Valley National Advisers Inc. acquired a new position in SPDR S&P Aerospace & Defense ETF in the third quarter valued at about $145,000. Finally, McGuire Investment Group LLC increased its holdings in shares of SPDR S&P Aerospace & Defense ETF by 2.0% in the third quarter. McGuire Investment Group LLC now owns 20,388 shares of the company’s stock worth $4,715,000 after acquiring an additional 393 shares in the last quarter.

SPDR S&P Aerospace & Defense ETF Price Performance

Shares of SPDR S&P Aerospace & Defense ETF stock opened at $227.37 on Friday. The company has a market capitalization of $5.09 billion, a P/E ratio of 35.83 and a beta of 1.03. The business has a 50-day moving average of $238.66 and a two-hundred day moving average of $264.86. SPDR S&P Aerospace & Defense ETF has a 1 year low of $210.14 and a 1 year high of $297.79.

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.