Fifth Third Securities Inc. Takes Position in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

Fifth Third Securities Inc. acquired a new stake in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) in the second quarter, HoldingsChannel.com reports. The fund acquired 2,569 shares of the company’s stock, valued at approximately $360,000.

Several other hedge funds also recently bought and sold shares of XAR. WASHINGTON TRUST Co purchased a new position in shares of SPDR S&P Aerospace & Defense ETF during the first quarter worth $35,000. Geneos Wealth Management Inc. raised its position in SPDR S&P Aerospace & Defense ETF by 111.5% in the 4th quarter. Geneos Wealth Management Inc. now owns 332 shares of the company’s stock valued at $45,000 after purchasing an additional 175 shares during the last quarter. Solstein Capital LLC purchased a new position in SPDR S&P Aerospace & Defense ETF during the 1st quarter worth $46,000. Mather Group LLC. purchased a new position in SPDR S&P Aerospace & Defense ETF during the 2nd quarter worth $49,000. Finally, ICA Group Wealth Management LLC purchased a new position in shares of SPDR S&P Aerospace & Defense ETF in the 4th quarter valued at about $53,000.

SPDR S&P Aerospace & Defense ETF Stock Down 0.2 %

Shares of XAR stock traded down $0.24 during trading hours on Monday, hitting $146.60. 29,396 shares of the company were exchanged, compared to its average volume of 76,197. SPDR S&P Aerospace & Defense ETF has a 1 year low of $108.32 and a 1 year high of $152.31. The firm has a fifty day moving average of $143.33 and a 200 day moving average of $139.36. The firm has a market cap of $2.20 billion, a PE ratio of 30.33 and a beta of 0.85.

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.