3-Dec-2024
No press releases found.
NATO chief to Trump: Unfavorable Ukraine peace deal would be 'dire threat' to U.S.
Seeking Alpha News (Tue, 3-Dec 3:30 AM ET)
US Announces $725 Million Arms Package For Ukraine
Benzinga (Mon, 2-Dec 6:45 PM ET)
Global arms sales rise on demand linked to Ukraine and Gaza wars, Asia tensions
Seeking Alpha News (Mon, 2-Dec 5:05 AM ET)
The SPDR S&P Aerospace & Defense ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Aerospace & Defense Select Industry Index (the Index ).The S&P Aerospace & Defense Select Industry Index represents the aerospace & defense segment of the S&P Total Stock Market Index. The Index is modified equal weighted.
SPDR S&P Aerospace & Defense ETF trades on the ARCA stock market under the symbol XAR.
As of December 3, 2024, XAR stock price declined to $172.09 with 87,095 million shares trading.
XAR has a beta of 1.00, meaning it tends to be more sensitive to market movements. XAR has a correlation of 0.48 to the broad based SPY ETF.
XAR has a market cap of $2.71 billion. This is considered a Mid Cap stock.
In the last 3 years, XAR traded as high as $177.27 and as low as $91.37.
XAR has underperformed the market in the last year with a return of +32.9%, while SPY returned +33.1%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in XAR shares. However, XAR has outperformed the market in the last 3 month and 2 week periods, returning +10.8% and +4.3%, while SPY returned +7.4% and +2.7%, respectively. This indicates XAR has been having a stronger performance recently.
XAR support price is $170.61 and resistance is $175.60 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that XAR shares will trade within this expected range on the day.