SPDR S&P Aerospace & Defense ETF Sees Unusually High Options Volume (NYSEARCA:XAR)

SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) was the target of some unusual options trading activity on Wednesday. Stock traders acquired 5,000 put options on the stock. This represents an increase of approximately 6,310% compared to the typical volume of 78 put options.

Institutional Trading of SPDR S&P Aerospace & Defense ETF

A number of hedge funds have recently modified their holdings of XAR. Corient Private Wealth LP increased its position in shares of SPDR S&P Aerospace & Defense ETF by 10.5% during the second quarter. Corient Private Wealth LP now owns 25,011 shares of the company’s stock valued at $7,098,000 after purchasing an additional 2,379 shares during the period. Ameritas Advisory Services LLC lifted its position in SPDR S&P Aerospace & Defense ETF by 131.7% in the second quarter. Ameritas Advisory Services LLC now owns 10,443 shares of the company’s stock worth $2,964,000 after purchasing an additional 5,936 shares during the period. PCG Wealth Advisors LLC lifted its position in SPDR S&P Aerospace & Defense ETF by 12.5% in the second quarter. PCG Wealth Advisors LLC now owns 1,795 shares of the company’s stock worth $509,000 after purchasing an additional 200 shares during the period. Anson Capital Inc. boosted its stake in SPDR S&P Aerospace & Defense ETF by 1.5% during the second quarter. Anson Capital Inc. now owns 7,221 shares of the company’s stock worth $2,049,000 after buying an additional 104 shares in the last quarter. Finally, HB Wealth Management LLC boosted its stake in SPDR S&P Aerospace & Defense ETF by 6.0% during the second quarter. HB Wealth Management LLC now owns 2,955 shares of the company’s stock worth $839,000 after buying an additional 166 shares in the last quarter.

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

XAR stock opened at $266.05 on Friday. SPDR S&P Aerospace & Defense ETF has a twelve month low of $211.80 and a twelve month high of $297.79. The company has a market cap of $6.02 billion, a PE ratio of 35.83 and a beta of 1.01. The business’s 50-day simple moving average is $275.74 and its 200 day simple moving average is $272.66.

SPDR S&P Aerospace & Defense ETF Company 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.