Sovran Advisors LLC Boosts Stock Position in iShares U.S. Aerospace & Defense ETF $ITA

Sovran Advisors LLC grew its holdings in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 181.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 14,548 shares of the company’s stock after buying an additional 9,386 shares during the quarter. Sovran Advisors LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $3,132,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. N.E.W. Advisory Services LLC grew its holdings in iShares U.S. Aerospace & Defense ETF by 37.4% during the 3rd quarter. N.E.W. Advisory Services LLC now owns 169 shares of the company’s stock worth $35,000 after acquiring an additional 46 shares in the last quarter. Gerber Kawasaki Wealth & Investment Management grew its position in shares of iShares U.S. Aerospace & Defense ETF by 0.3% in the 2nd quarter. Gerber Kawasaki Wealth & Investment Management now owns 16,898 shares of the company’s stock worth $3,188,000 after acquiring an additional 51 shares in the last quarter. Lee Johnson Capital Management LLC increased its holdings in shares of iShares U.S. Aerospace & Defense ETF by 0.6% in the 3rd quarter. Lee Johnson Capital Management LLC now owns 9,073 shares of the company’s stock valued at $1,899,000 after acquiring an additional 52 shares during the last quarter. Allen Capital Group LLC raised its position in shares of iShares U.S. Aerospace & Defense ETF by 0.9% during the 3rd quarter. Allen Capital Group LLC now owns 5,753 shares of the company’s stock valued at $1,204,000 after acquiring an additional 53 shares in the last quarter. Finally, GPS Wealth Strategies Group LLC lifted its stake in iShares U.S. Aerospace & Defense ETF by 4.7% during the second quarter. GPS Wealth Strategies Group LLC now owns 1,222 shares of the company’s stock worth $231,000 after purchasing an additional 55 shares during the last quarter.

iShares U.S. Aerospace & Defense ETF Stock Performance

Shares of BATS:ITA opened at $235.04 on Monday. iShares U.S. Aerospace & Defense ETF has a 1-year low of $129.14 and a 1-year high of $198.47. The company’s fifty day moving average is $216.43 and its two-hundred day moving average is $207.59. The stock has a market capitalization of $10.34 billion, a price-to-earnings ratio of 34.35 and a beta of 0.87.

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). 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.