Bank of New York Mellon Corp Boosts Holdings in iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Bank of New York Mellon Corp raised its stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 3.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,727 shares of the company’s stock after buying an additional 201 shares during the period. Bank of New York Mellon Corp’s holdings in iShares U.S. Aerospace & Defense ETF were worth $832,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the company. Benjamin Edwards Inc. boosted its stake in iShares U.S. Aerospace & Defense ETF by 1,568.6% in the third quarter. Benjamin Edwards Inc. now owns 98,730 shares of the company’s stock valued at $14,775,000 after acquiring an additional 92,813 shares in the last quarter. Littlejohn Financial Services Inc. purchased a new position in shares of iShares U.S. Aerospace & Defense ETF in the 4th quarter valued at about $4,630,000. MML Investors Services LLC raised its position in iShares U.S. Aerospace & Defense ETF by 13.5% during the third 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 period. Kingsview Wealth Management LLC boosted its stake in shares of iShares U.S. Aerospace & Defense ETF by 184.7% in the fourth quarter. Kingsview Wealth Management LLC now owns 40,581 shares of the company’s stock worth $5,898,000 after acquiring an additional 26,328 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its stake in iShares U.S. Aerospace & Defense ETF by 8.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 287,157 shares of the company’s stock valued at $42,970,000 after acquiring an additional 23,100 shares in the last quarter.

iShares U.S. Aerospace & Defense ETF Trading Up 7.7 %

Shares of ITA stock opened at $159.47 on Wednesday. The company’s 50-day moving average price is $153.67 and its 200-day moving average price is $150.90. The stock has a market cap of $6.55 billion, a price-to-earnings ratio of 30.31 and a beta of 1.00. iShares U.S. Aerospace & Defense ETF has a twelve month low of $126.65 and a twelve month high of $159.74.

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).