MCF Advisors LLC Takes Position in iShares U.S. Aerospace & Defense ETF $ITA

MCF Advisors LLC bought a new stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 5,555 shares of the company’s stock, valued at approximately $1,193,000.

Several other hedge funds have also recently added to or reduced their stakes in ITA. Clear Creek Financial Management LLC acquired a new stake in shares of iShares U.S. Aerospace & Defense ETF in the third quarter worth $1,175,000. Citigroup Inc. boosted its holdings in shares of iShares U.S. Aerospace & Defense ETF by 296.0% during the third quarter. Citigroup Inc. now owns 195,254 shares of the company’s stock worth $40,859,000 after purchasing an additional 145,953 shares during the period. Advisory Services Network LLC boosted its holdings in shares of iShares U.S. Aerospace & Defense ETF by 22.8% during the third quarter. Advisory Services Network LLC now owns 94,747 shares of the company’s stock worth $19,827,000 after purchasing an additional 17,565 shares during the period. Aptus Capital Advisors LLC boosted its holdings in shares of iShares U.S. Aerospace & Defense ETF by 14,023.8% during the third quarter. Aptus Capital Advisors LLC now owns 142,509 shares of the company’s stock worth $29,821,000 after purchasing an additional 141,500 shares during the period. Finally, Cyndeo Wealth Partners LLC boosted its holdings in shares of iShares U.S. Aerospace & Defense ETF by 177.7% during the fourth quarter. Cyndeo Wealth Partners LLC now owns 5,427 shares of the company’s stock worth $1,165,000 after purchasing an additional 3,473 shares during the period.

iShares U.S. Aerospace & Defense ETF Trading Down 0.9%

ITA opened at $229.45 on Friday. The stock has a market cap of $10.10 billion, a price-to-earnings ratio of 34.35 and a beta of 0.87. iShares U.S. Aerospace & Defense ETF has a 1 year low of $175.60 and a 1 year high of $250.65. The stock has a fifty day moving average price of $224.52 and a 200 day moving average price of $224.99.

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). 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.