Y Intercept Hong Kong Ltd purchased a new stake in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR – Free Report) in the first quarter, according to the company in its most recent filing with the SEC. The firm purchased 5,794 shares of the company’s stock, valued at approximately $1,472,000.
Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Corient Private Wealth LLC grew its position in SPDR S&P Aerospace & Defense ETF by 2,023.8% during the fourth quarter. Corient Private Wealth LLC now owns 513,629 shares of the company’s stock worth $123,908,000 after buying an additional 489,444 shares during the period. CWM LLC increased its holdings in SPDR S&P Aerospace & Defense ETF by 2,668.1% in the fourth quarter. CWM LLC now owns 206,667 shares of the company’s stock valued at $49,856,000 after buying an additional 199,201 shares in the last quarter. Quadrature Capital Ltd acquired a new stake in shares of SPDR S&P Aerospace & Defense ETF during the 3rd quarter valued at approximately $46,032,000. Robinhood Asset Management LLC acquired a new stake in shares of SPDR S&P Aerospace & Defense ETF during the 4th quarter valued at approximately $35,579,000. Finally, BNP Paribas Financial Markets boosted its stake in shares of SPDR S&P Aerospace & Defense ETF by 174.4% during the 3rd quarter. BNP Paribas Financial Markets now owns 122,530 shares of the company’s stock worth $28,790,000 after acquiring an additional 77,870 shares in the last quarter.
SPDR S&P Aerospace & Defense ETF Stock Down 0.9%
Shares of XAR traded down $2.44 on Friday, reaching $271.45. The stock had a trading volume of 299,474 shares, compared to its average volume of 275,507. SPDR S&P Aerospace & Defense ETF has a twelve month low of $208.77 and a twelve month high of $295.39. The firm has a market capitalization of $6.18 billion, a PE ratio of 35.83 and a beta of 1.00. The firm has a 50-day moving average of $274.85 and a 200 day moving average of $271.35.
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.
Featured Articles
- Five stocks we like better than SPDR S&P Aerospace & Defense ETF
- Starbucks Builds Sovereign AI to Cut $400 Million in Software Costs
- Power Struggle: Wolfspeed Sues Navitas Over AI Chips
- Why WD-40 Is Proving Great Businesses Never Go Out of Style
- Pushing the Edge: Super Micro Computer Reboots the AI Landscape
Receive News & Ratings for SPDR S&P Aerospace & Defense ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P Aerospace & Defense ETF and related companies with MarketBeat.com's FREE daily email newsletter.
-tbk-logo-1200x675.png){kind=logo}
