Coppell Advisory Solutions LLC bought a new stake in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR – Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 2,006 shares of the company’s stock, valued at approximately $569,000.
A number of other institutional investors have also added to or reduced their stakes in the company. NewEdge Advisors LLC grew its stake in SPDR S&P Aerospace & Defense ETF by 0.8% in the first quarter. NewEdge Advisors LLC now owns 8,257 shares of the company’s stock valued at $1,327,000 after acquiring an additional 67 shares during the period. Empowered Funds LLC acquired a new position in shares of SPDR S&P Aerospace & Defense ETF during the first quarter worth approximately $1,582,000. Jane Street Group LLC raised its position in shares of SPDR S&P Aerospace & Defense ETF by 10.0% during the first quarter. Jane Street Group LLC now owns 18,380 shares of the company’s stock worth $2,953,000 after purchasing an additional 1,667 shares during the period. EverSource Wealth Advisors LLC raised its position in shares of SPDR S&P Aerospace & Defense ETF by 30.8% during the second quarter. EverSource Wealth Advisors LLC now owns 540 shares of the company’s stock worth $114,000 after purchasing an additional 127 shares during the period. Finally, Walleye Capital LLC bought a new position in shares of SPDR S&P Aerospace & Defense ETF in the 2nd quarter worth $589,000.
SPDR S&P Aerospace & Defense ETF Trading Up 1.5%
NYSEARCA XAR opened at $253.93 on Friday. The company has a fifty day simple moving average of $273.58 and a 200 day simple moving average of $272.10. SPDR S&P Aerospace & Defense ETF has a 12-month low of $211.80 and a 12-month high of $297.79. The company has a market cap of $5.74 billion, a P/E ratio of 35.83 and a beta of 1.01.
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.
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