White Pine Investment CO purchased a new stake in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR – Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 7,901 shares of the company’s stock, valued at approximately $1,827,000.
Other institutional investors and hedge funds have also modified their holdings of the company. Rinkey Investments acquired a new position in shares of SPDR S&P Aerospace & Defense ETF during the second quarter valued at about $20,186,000. Confluence Investment Management LLC bought a new stake in shares of SPDR S&P Aerospace & Defense ETF in the third quarter valued at about $14,634,000. Piedmont Capital Management LLC acquired a new stake in SPDR S&P Aerospace & Defense ETF during the second quarter worth about $26,305,000. Advisory Solutions Group LLC acquired a new stake in SPDR S&P Aerospace & Defense ETF during the second quarter worth about $596,000. Finally, Larry Mathis Financial Planning LLC acquired a new stake in SPDR S&P Aerospace & Defense ETF during the fourth quarter worth about $1,261,000.
SPDR S&P Aerospace & Defense ETF Stock Up 2.1%
Shares of XAR opened at $224.87 on Friday. SPDR S&P Aerospace & Defense ETF has a 12-month low of $215.02 and a 12-month high of $297.79. The firm has a market capitalization of $5.36 billion, a price-to-earnings ratio of 35.83 and a beta of 1.03. The stock’s 50-day moving average price is $252.25 and its 200 day moving average price is $264.23.
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.
Recommended Stories
- Five stocks we like better than SPDR S&P Aerospace & Defense ETF
- ASML Can’t Keep Up With AI Demand—Why That’s a Good Thing
- Enovix’s 100,000-Battery Drone Order Sets Up a Test of Its Production Plans
- AMD’s Support Could Help Fermi Stock Overcome Its Biggest Hurdle
- Beyond the GPU: Credo Paves the Next AI Data Superhighway
Want to see what other hedge funds are holding XAR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR – Free Report).
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.
