JPMorgan Chase & Co. Boosts Stock Position in iShares U.S. Aerospace & Defense ETF (BATS:ITA)

JPMorgan Chase & Co. raised its stake in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 8.7% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 287,157 shares of the company’s stock after buying an additional 23,100 shares during the quarter. JPMorgan Chase & Co. owned about 0.61% of iShares U.S. Aerospace & Defense ETF worth $42,970,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the stock. LPL Financial LLC raised its position in shares of iShares U.S. Aerospace & Defense ETF by 7.6% in the 3rd quarter. LPL Financial LLC now owns 973,776 shares of the company’s stock worth $145,716,000 after purchasing an additional 69,091 shares during the last quarter. Stifel Financial Corp lifted its stake in shares of iShares U.S. Aerospace & Defense ETF by 1.2% in the third quarter. Stifel Financial Corp now owns 305,078 shares of the company’s stock worth $45,657,000 after buying an additional 3,677 shares in the last quarter. Commonwealth Equity Services LLC grew its holdings in shares of iShares U.S. Aerospace & Defense ETF by 2.7% during the third quarter. Commonwealth Equity Services LLC now owns 285,836 shares of the company’s stock valued at $42,773,000 after buying an additional 7,522 shares during the last quarter. Raymond James & Associates increased its position in shares of iShares U.S. Aerospace & Defense ETF by 8.8% during the third quarter. Raymond James & Associates now owns 267,921 shares of the company’s stock valued at $40,092,000 after acquiring an additional 21,721 shares in the last quarter. Finally, MML Investors Services LLC raised its holdings in iShares U.S. Aerospace & Defense ETF by 13.5% in the 3rd quarter. MML Investors Services LLC now owns 256,236 shares of the company’s stock worth $38,343,000 after acquiring an additional 30,428 shares during the last quarter.

iShares U.S. Aerospace & Defense ETF Price Performance

Shares of BATS:ITA opened at $146.20 on Monday. iShares U.S. Aerospace & Defense ETF has a 1 year low of $145.00 and a 1 year high of $206.56. The company has a market cap of $6.87 billion, a P/E ratio of 29.96 and a beta of 0.60. The stock’s fifty day moving average price is $149.84 and its 200-day moving average price is $145.13.

About iShares U.S. Aerospace & Defense ETF

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).