StoneX Group Inc. Makes New Investment in SPDR S&P Aerospace & Defense ETF $XAR

StoneX Group Inc. acquired a new position in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 2,292 shares of the company’s stock, valued at approximately $555,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Timbuktu Capital Management LLC acquired a new position in SPDR S&P Aerospace & Defense ETF in the 2nd quarter worth about $28,000. Glenmede Trust Co. NA bought a new stake in shares of SPDR S&P Aerospace & Defense ETF in the 1st quarter valued at approximately $30,000. Investors Research Corp grew its stake in shares of SPDR S&P Aerospace & Defense ETF by 105.0% in the 2nd quarter. Investors Research Corp now owns 164 shares of the company’s stock valued at $47,000 after buying an additional 84 shares in the last quarter. Mather Group LLC. bought a new stake in shares of SPDR S&P Aerospace & Defense ETF in the 3rd quarter valued at approximately $39,000. Finally, Latitude Advisors LLC bought a new stake in shares of SPDR S&P Aerospace & Defense ETF in the 3rd quarter valued at approximately $46,000.

SPDR S&P Aerospace & Defense ETF Stock Performance

NYSEARCA:XAR opened at $240.07 on Thursday. The company has a market capitalization of $5.38 billion, a P/E ratio of 35.83 and a beta of 1.07. The stock’s 50 day moving average price is $233.38 and its 200 day moving average price 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.

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.