StoneX Group Inc. acquired a new position in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR – Free Report) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,292 shares of the company’s stock, valued at approximately $555,000.
Several other hedge funds have also recently bought and sold shares of the business. Advocacy Wealth Management LLC bought a new position in SPDR S&P Aerospace & Defense ETF during the second quarter valued at about $458,273,000. Commonwealth Equity Services LLC bought a new stake in shares of SPDR S&P Aerospace & Defense ETF during the 3rd quarter worth about $38,177,000. International Assets Investment Management LLC boosted its stake in shares of SPDR S&P Aerospace & Defense ETF by 5,562.5% during the 3rd quarter. International Assets Investment Management LLC now owns 100,000 shares of the company’s stock worth $23,125,000 after acquiring an additional 98,234 shares in the last quarter. Piedmont Capital Management LLC bought a new stake in shares of SPDR S&P Aerospace & Defense ETF during the 2nd quarter worth about $26,305,000. Finally, Rinkey Investments acquired a new position in shares of SPDR S&P Aerospace & Defense ETF during the 2nd quarter valued at about $20,186,000.
SPDR S&P Aerospace & Defense ETF Stock Performance
Shares of NYSEARCA XAR opened at $240.07 on Thursday. The firm has a market cap of $5.38 billion, a price-to-earnings ratio of 35.83 and a beta of 1.07. The business’s 50-day simple moving average is $233.38 and its 200-day simple moving average is $262.63. SPDR S&P Aerospace & Defense ETF has a 52 week low of $210.14 and a 52 week high of $297.79.
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.
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