LFA Lugano Financial Advisors SA Boosts Stock Holdings in iShares U.S. Aerospace & Defense ETF (BATS:ITA)

LFA Lugano Financial Advisors SA boosted its holdings in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 73.1% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 1,437 shares of the company’s stock after buying an additional 607 shares during the period. LFA Lugano Financial Advisors SA’s holdings in iShares U.S. Aerospace & Defense ETF were worth $209,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. JPMorgan Chase & Co. increased its holdings in shares of iShares U.S. Aerospace & Defense ETF by 8.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 287,157 shares of the company’s stock worth $42,970,000 after acquiring an additional 23,100 shares during the period. Tandem Financial LLC purchased a new stake in iShares U.S. Aerospace & Defense ETF in the 4th quarter worth about $2,169,000. Franklin Resources Inc. boosted its stake in shares of 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 valued at $76,000 after buying an additional 127 shares during the period. FMR LLC grew its stake in shares of iShares U.S. Aerospace & Defense ETF by 23.2% in the 3rd quarter. FMR LLC now owns 13,276 shares of the company’s stock valued at $1,987,000 after buying an additional 2,501 shares in the last quarter. Finally, Confluence Investment Management LLC increased its position in iShares U.S. Aerospace & Defense ETF by 1.8% during the fourth quarter. Confluence Investment Management LLC now owns 41,178 shares of the company’s stock worth $5,985,000 after buying an additional 718 shares during the last quarter.

iShares U.S. Aerospace & Defense ETF Price Performance

Shares of ITA opened at $149.52 on Thursday. The company’s fifty day moving average price is $151.97 and its 200 day moving average price is $150.24. The company has a market capitalization of $6.22 billion, a PE ratio of 29.80 and a beta of 1.02. iShares U.S. Aerospace & Defense ETF has a one year low of $126.12 and a one year high of $159.58.

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).