Calamos Wealth Management LLC Takes $1.25 Million Position in iShares U.S. Aerospace & Defense ETF $ITA

Calamos Wealth Management LLC bought a new position in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) in the 1st quarter, HoldingsChannel reports. The institutional investor bought 5,695 shares of the company’s stock, valued at approximately $1,246,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in ITA. BNP Paribas Financial Markets grew its stake in iShares U.S. Aerospace & Defense ETF by 283.3% in the 2nd quarter. BNP Paribas Financial Markets now owns 609,728 shares of the company’s stock valued at $115,019,000 after acquiring an additional 450,652 shares during the period. LPL Financial LLC increased its holdings in iShares U.S. Aerospace & Defense ETF by 11.5% in the 4th quarter. LPL Financial LLC now owns 3,152,397 shares of the company’s stock worth $676,788,000 after acquiring an additional 325,026 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in iShares U.S. Aerospace & Defense ETF by 161.2% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 508,416 shares of the company’s stock worth $109,152,000 after acquiring an additional 313,740 shares during the period. Dynasty Wealth Management LLC acquired a new position in iShares U.S. Aerospace & Defense ETF during the fourth quarter worth $47,721,000. Finally, JPMorgan Chase & Co. lifted its holdings in iShares U.S. Aerospace & Defense ETF by 37.9% during the fourth quarter. JPMorgan Chase & Co. now owns 683,215 shares of the company’s stock valued at $146,680,000 after purchasing an additional 187,900 shares in the last quarter.

iShares U.S. Aerospace & Defense ETF Stock Up 0.1%

ITA opened at $235.27 on Wednesday. The firm’s fifty day simple moving average is $232.75 and its two-hundred day simple moving average is $231.32. iShares U.S. Aerospace & Defense ETF has a 52-week low of $190.16 and a 52-week high of $251.49. The company has a market cap of $10.35 billion, a price-to-earnings ratio of 34.35 and a beta of 0.87.

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.