Financial Advocates Investment Management grew its stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA – Free Report) by 40.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 21,530 shares of the company’s stock after buying an additional 6,191 shares during the period. Financial Advocates Investment Management’s holdings in iShares U.S. Aerospace & Defense ETF were worth $3,129,000 at the end of the most recent reporting period.
Several other large investors have also modified their holdings of ITA. JPMorgan Chase & Co. boosted its holdings in shares of iShares U.S. Aerospace & Defense ETF by 8.7% in the third 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 during the period. Franklin Resources Inc. boosted its stake in iShares U.S. Aerospace & Defense ETF by 34.8% during the 3rd quarter. Franklin Resources Inc. now owns 492 shares of the company’s stock worth $76,000 after purchasing an additional 127 shares during the period. FMR LLC grew its position in iShares U.S. Aerospace & Defense ETF by 23.2% during the 3rd quarter. FMR LLC now owns 13,276 shares of the company’s stock worth $1,987,000 after purchasing an additional 2,501 shares during the last quarter. Daymark Wealth Partners LLC acquired a new position in iShares U.S. Aerospace & Defense ETF in the third quarter valued at $206,000. Finally, Lion Street Advisors LLC increased its stake in iShares U.S. Aerospace & Defense ETF by 11.4% in the third quarter. Lion Street Advisors LLC now owns 2,947 shares of the company’s stock valued at $441,000 after purchasing an additional 302 shares during the period.
iShares U.S. Aerospace & Defense ETF Stock Performance
Shares of ITA opened at $157.28 on Thursday. iShares U.S. Aerospace & Defense ETF has a fifty-two week low of $145.00 and a fifty-two week high of $206.56. The firm has a 50-day simple moving average of $150.30 and a 200-day simple moving average of $148.11. The company has a market capitalization of $7.39 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).
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