Tocqueville Asset Management L.P. Acquires New Shares in iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Tocqueville Asset Management L.P. bought a new position in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 2,405 shares of the company’s stock, valued at approximately $350,000.

Several other large investors also recently bought and sold shares of the company. LPL Financial LLC boosted 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 buying an additional 69,091 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of iShares U.S. Aerospace & Defense ETF in the fourth quarter valued at about $68,446,000. Commonwealth Equity Services LLC lifted its holdings in shares of iShares U.S. Aerospace & Defense ETF by 8.8% in the fourth quarter. Commonwealth Equity Services LLC now owns 311,101 shares of the company’s stock valued at $45,218,000 after purchasing an additional 25,265 shares in the last quarter. Stifel Financial Corp grew its position 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 valued at $45,657,000 after purchasing an additional 3,677 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its stake in shares of 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 worth $42,970,000 after purchasing an additional 23,100 shares in the last quarter.

iShares U.S. Aerospace & Defense ETF Stock Performance

ITA stock opened at $155.15 on Friday. The stock’s 50 day moving average price is $152.97 and its 200 day moving average price is $150.50. The firm has a market cap of $6.37 billion, a P/E ratio of 30.31 and a beta of 1.00. iShares U.S. Aerospace & Defense ETF has a 1 year low of $126.65 and a 1 year high of $159.58.

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).