Ramsay Stattman Vela & Price Inc. Buys Shares of 1,400 iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Ramsay Stattman Vela & Price Inc. bought a new stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 1,400 shares of the company’s stock, valued at approximately $209,000.

A number of other institutional investors have also recently added to or reduced their stakes in ITA. Wealth Enhancement Advisory Services LLC lifted its stake in shares of iShares U.S. Aerospace & Defense ETF by 57.3% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 17,535 shares of the company’s stock worth $2,313,000 after buying an additional 6,387 shares during the last quarter. Founders Financial Securities LLC bought a new stake in shares of iShares U.S. Aerospace & Defense ETF in the 1st quarter worth about $248,000. Massachusetts Wealth Management lifted its position in iShares U.S. Aerospace & Defense ETF by 23.5% during the 1st quarter. Massachusetts Wealth Management now owns 4,687 shares of the company’s stock worth $618,000 after buying an additional 892 shares in the last quarter. Advisor Resource Council acquired a new position in iShares U.S. Aerospace & Defense ETF during the 1st quarter worth about $762,000. Finally, Cornerstone Wealth Management LLC lifted its position in iShares U.S. Aerospace & Defense ETF by 11.1% during the 1st quarter. Cornerstone Wealth Management LLC now owns 5,957 shares of the company’s stock worth $786,000 after buying an additional 594 shares in the last quarter.

iShares U.S. Aerospace & Defense ETF Trading Down 0.6 %

BATS ITA traded down $0.92 on Tuesday, hitting $148.70. 300,558 shares of the company were exchanged. The firm has a 50 day moving average of $147.98 and a two-hundred day moving average of $139.28. The company has a market cap of $6.99 billion, a P/E ratio of 29.96 and a beta of 0.60. iShares U.S. Aerospace & Defense ETF has a 1-year low of $145.00 and a 1-year high of $206.56.

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).