Wealth Enhancement Advisory Services LLC Raises Stake in iShares U.S. Aerospace & Defense ETF $ITA

Wealth Enhancement Advisory Services LLC raised its holdings in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 2.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 143,684 shares of the company’s stock after acquiring an additional 3,268 shares during the period. Wealth Enhancement Advisory Services LLC owned about 0.33% of iShares U.S. Aerospace & Defense ETF worth $30,599,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Financial Consulate Inc. purchased a new position in shares of iShares U.S. Aerospace & Defense ETF in the third quarter worth $28,000. SRH Advisors LLC purchased a new position in shares of iShares U.S. Aerospace & Defense ETF in the third quarter valued at about $30,000. Atlantic Union Bankshares Corp bought a new position in shares of iShares U.S. Aerospace & Defense ETF during the second quarter valued at about $31,000. Total Investment Management Inc. bought a new position in iShares U.S. Aerospace & Defense ETF during the 2nd quarter valued at approximately $35,000. Finally, N.E.W. Advisory Services LLC raised its holdings in iShares U.S. Aerospace & Defense ETF by 37.4% in the third quarter. N.E.W. Advisory Services LLC now owns 169 shares of the company’s stock worth $35,000 after purchasing an additional 46 shares in the last quarter.

iShares U.S. Aerospace & Defense ETF Stock Performance

ITA stock opened at $239.21 on Wednesday. The firm has a market capitalization of $10.53 billion, a price-to-earnings ratio of 34.35 and a beta of 0.87. The firm has a 50 day moving average price of $214.62 and a 200-day moving average price of $206.55. iShares U.S. Aerospace & Defense ETF has a 52-week low of $129.14 and a 52-week high of $198.47.

iShares U.S. Aerospace & Defense ETF 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). The Index measures the performance of the aerospace and defense sector of the United States equity market. Aerospace companies include manufacturers, assemblers and distributors of aircraft and aircraft parts.