Significant Withdrawal Noted in SPDR S&P Aerospace & Defense ETF

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The SPDR S&P Aerospace & Defense ETF (Symbol: XAR) experienced a significant outflow of approximately $168.1 million, marking an 11.5% decrease in shares outstanding from 14,300,000 to 12,650,000 in the past week. This change highlights notable investor movements within the ETF.

As of the last trade, XAR’s share price was $105.05, compared to its 52-week low of $99.76 and high of $136.815. Among the ETF’s major components, Aerojet Rocketdyne Holdings Inc (Symbol: AJRD) increased by 2.3%, Huntington Ingalls Industries, Inc. (Symbol: HII) rose by 1.4%, and Howmet Aerospace Inc (Symbol: HWM) grew by 3.1% today.

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