Moors & Cabot Inc. Takes Position in SPDR S&P Aerospace & Defense ETF $XAR

Moors & Cabot Inc. acquired a new stake in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) during the second quarter, HoldingsChannel reports. The fund acquired 5,727 shares of the company’s stock, valued at approximately $1,208,000.

Several other institutional investors also recently bought and sold shares of the business. TD Capital Management LLC bought a new position in SPDR S&P Aerospace & Defense ETF in the first quarter worth approximately $29,000. Reyes Financial Architecture Inc. purchased a new stake in shares of SPDR S&P Aerospace & Defense ETF during the 1st quarter worth $32,000. Brentview Investment Management LLC bought a new stake in SPDR S&P Aerospace & Defense ETF during the first quarter valued at about $32,000. Zions Bancorporation National Association UT bought a new stake in SPDR S&P Aerospace & Defense ETF during the first quarter valued at about $32,000. Finally, Centricity Wealth Management LLC grew its stake in SPDR S&P Aerospace & Defense ETF by 100.0% in the second quarter. Centricity Wealth Management LLC now owns 230 shares of the company’s stock valued at $49,000 after purchasing an additional 115 shares during the last quarter.

SPDR S&P Aerospace & Defense ETF Stock Performance

XAR stock opened at $232.97 on Friday. SPDR S&P Aerospace & Defense ETF has a one year low of $137.09 and a one year high of $254.09. The firm has a market cap of $4.55 billion, a price-to-earnings ratio of 35.83 and a beta of 1.13. The firm has a 50-day simple moving average of $234.03 and a two-hundred day simple moving average of $212.03.

SPDR S&P Aerospace & Defense ETF 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.