J2 Capital Management Inc Purchases Shares of 1,431 SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

J2 Capital Management Inc purchased a new stake in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) in the fourth quarter, Holdings Channel.com reports. The firm purchased 1,431 shares of the company’s stock, valued at approximately $237,000.

Other institutional investors have also recently made changes to their positions in the company. Darwin Wealth Management LLC bought a new position in shares of SPDR S&P Aerospace & Defense ETF in the third quarter worth approximately $70,000. Anchor Investment Management LLC grew its stake in SPDR S&P Aerospace & Defense ETF by 4,300.0% in the 2nd quarter. Anchor Investment Management LLC now owns 880 shares of the company’s stock worth $123,000 after buying an additional 860 shares in the last quarter. EP Wealth Advisors LLC purchased a new position in SPDR S&P Aerospace & Defense ETF in the 2nd quarter worth approximately $126,000. HBW Advisory Services LLC increased its holdings 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 during the last quarter. Finally, Cable Hill Partners LLC purchased a new stake in shares of SPDR S&P Aerospace & Defense ETF during the 3rd quarter valued at $216,000.

SPDR S&P Aerospace & Defense ETF Stock Performance

NYSEARCA XAR opened at $172.65 on Friday. SPDR S&P Aerospace & Defense ETF has a 52-week low of $127.71 and a 52-week high of $177.27. The company has a fifty day moving average of $169.13 and a 200-day moving average of $158.32. The company has a market capitalization of $2.59 billion, a P/E ratio of 30.33 and a beta of 0.85.

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.