Etfidea LLC Acquires 930 Shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Etfidea LLC lifted its holdings in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 11.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,786 shares of the company’s stock after purchasing an additional 930 shares during the period. Etfidea LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $1,160,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ITA. LPL Financial LLC raised its position in shares of iShares U.S. Aerospace & Defense ETF by 3.5% in the second quarter. LPL Financial LLC now owns 904,685 shares of the company’s stock valued at $119,464,000 after purchasing an additional 30,436 shares during the period. Global Assets Advisory LLC bought a new position in iShares U.S. Aerospace & Defense ETF in the 1st quarter valued at $111,303,000. Wells Fargo & Company MN grew its position in shares of iShares U.S. Aerospace & Defense ETF by 18.0% during the 4th quarter. Wells Fargo & Company MN now owns 717,227 shares of the company’s stock valued at $90,801,000 after purchasing an additional 109,357 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of iShares U.S. Aerospace & Defense ETF by 63.1% in the fourth quarter. Envestnet Asset Management Inc. now owns 478,181 shares of the company’s stock worth $60,538,000 after purchasing an additional 184,937 shares during the period. Finally, Stifel Financial Corp raised its position in shares of iShares U.S. Aerospace & Defense ETF by 7.2% in the fourth quarter. Stifel Financial Corp now owns 285,114 shares of the company’s stock worth $36,100,000 after buying an additional 19,123 shares in the last quarter.

iShares U.S. Aerospace & Defense ETF Stock Performance

BATS:ITA opened at $147.54 on Friday. iShares U.S. Aerospace & Defense ETF has a 52-week low of $145.00 and a 52-week high of $206.56. The stock has a fifty day moving average of $141.38 and a 200 day moving average of $135.22. The firm has a market capitalization of $6.93 billion, a price-to-earnings ratio of 29.96 and a beta of 0.60.

iShares U.S. Aerospace & Defense ETF Company Profile

iShares U.S. Aerospace & Defense ETF, formerly iShares Dow Jones U.S. Aerospace & Defense Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Dow Jones U.S. Select Aerospace & Defense Index (the Index).