SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) Reaches New 52-Week High at $142.79

SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) shares reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $142.79 and last traded at $142.67, with a volume of 37503 shares. The stock had previously closed at $141.37.

SPDR S&P Aerospace & Defense ETF Stock Performance

The company has a 50 day moving average of $137.57 and a 200-day moving average of $131.87. The stock has a market cap of $2.14 billion, a price-to-earnings ratio of 30.33 and a beta of 0.85.

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

Large investors have recently bought and sold shares of the stock. Powell Investment Advisors LLC purchased a new stake in SPDR S&P Aerospace & Defense ETF during the 4th quarter worth about $237,000. VCI Wealth Management LLC purchased a new position in shares of SPDR S&P Aerospace & Defense ETF in the 4th quarter valued at about $692,000. Raymond James & Associates increased its holdings in shares of SPDR S&P Aerospace & Defense ETF by 12.3% in the 4th quarter. Raymond James & Associates now owns 83,251 shares of the company’s stock valued at $11,274,000 after acquiring an additional 9,148 shares during the last quarter. Custom Index Systems LLC purchased a new position in shares of SPDR S&P Aerospace & Defense ETF in the 4th quarter valued at about $392,000. Finally, Prime Capital Investment Advisors LLC increased its holdings in shares of SPDR S&P Aerospace & Defense ETF by 4.0% in the 4th quarter. Prime Capital Investment Advisors LLC now owns 2,324 shares of the company’s stock valued at $315,000 after acquiring an additional 90 shares during the last quarter.

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.