Tepp RIA LLC Buys Shares of 3,198 iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Tepp RIA LLC purchased a new stake in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 3,198 shares of the company’s stock, valued at approximately $465,000. iShares U.S. Aerospace & Defense ETF comprises about 0.7% of Tepp RIA LLC’s holdings, making the stock its 16th biggest position.

Other hedge funds have also modified their holdings of the company. Blair William & Co. IL lifted its holdings in shares of iShares U.S. Aerospace & Defense ETF by 17.0% during the 4th quarter. Blair William & Co. IL now owns 19,130 shares of the company’s stock valued at $2,781,000 after purchasing an additional 2,776 shares during the last quarter. AssuredPartners Investment Advisors LLC purchased a new stake in iShares U.S. Aerospace & Defense ETF in the fourth quarter valued at about $933,000. Graney & King LLC acquired a new stake in iShares U.S. Aerospace & Defense ETF in the fourth quarter worth about $48,000. Ausdal Financial Partners Inc. grew its stake in shares of iShares U.S. Aerospace & Defense ETF by 106.0% during the fourth quarter. Ausdal Financial Partners Inc. now owns 4,174 shares of the company’s stock worth $607,000 after acquiring an additional 2,148 shares during the last quarter. Finally, Murphy & Mullick Capital Management Corp acquired a new position in shares of iShares U.S. Aerospace & Defense ETF during the fourth quarter valued at about $77,000.

iShares U.S. Aerospace & Defense ETF Trading Up 5.6 %

Shares of iShares U.S. Aerospace & Defense ETF stock opened at $156.40 on Friday. The firm’s 50 day simple moving average is $153.97 and its two-hundred day simple moving average is $150.99. The firm has a market capitalization of $6.42 billion, a price-to-earnings ratio of 30.31 and a beta of 1.00. iShares U.S. Aerospace & Defense ETF has a 12-month low of $126.65 and a 12-month high of $160.18.

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).