1,621 Shares in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) Acquired by Jericho Financial LLP

Jericho Financial LLP bought a new stake in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 1,621 shares of the company’s stock, valued at approximately $269,000.

A number of other institutional investors also recently added to or reduced their stakes in XAR. Darwin Wealth Management LLC acquired a new position in shares of SPDR S&P Aerospace & Defense ETF during the third quarter valued at approximately $70,000. Total Clarity Wealth Management Inc. bought a new position in SPDR S&P Aerospace & Defense ETF during the 4th quarter valued at $204,000. Saxony Capital Management LLC acquired a new position in shares of SPDR S&P Aerospace & Defense ETF during the 4th quarter valued at $217,000. HBW Advisory Services LLC raised its stake in shares of SPDR S&P Aerospace & Defense ETF by 156.5% in the 4th quarter. HBW Advisory Services LLC now owns 1,321 shares of the company’s stock worth $219,000 after buying an additional 806 shares in the last quarter. Finally, Cable Hill Partners LLC acquired a new stake in shares of SPDR S&P Aerospace & Defense ETF in the third quarter valued at $216,000.

SPDR S&P Aerospace & Defense ETF Stock Down 0.1 %

Shares of XAR stock opened at $174.75 on Wednesday. The stock has a 50-day simple moving average of $170.78 and a 200 day simple moving average of $160.97. The stock has a market capitalization of $2.62 billion, a P/E ratio of 30.33 and a beta of 0.85. SPDR S&P Aerospace & Defense ETF has a fifty-two week low of $127.75 and a fifty-two week high of $181.38.

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.