iShares U.S. Aerospace & Defense ETF $ITA Shares Bought by Bank of America Corp DE

Bank of America Corp DE lifted its stake in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 3.6% during the 1st quarter, HoldingsChannel reports. The fund owned 2,997,974 shares of the company’s stock after acquiring an additional 104,802 shares during the period. Bank of America Corp DE owned 0.07% of iShares U.S. Aerospace & Defense ETF worth $655,807,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of ITA. Assetmark Inc. increased its position in iShares U.S. Aerospace & Defense ETF by 314.8% during the fourth quarter. Assetmark Inc. now owns 15,010 shares of the company’s stock worth $3,222,000 after purchasing an additional 11,391 shares during the last quarter. Stone House Investment Management LLC boosted its holdings in iShares U.S. Aerospace & Defense ETF by 11.7% in the 4th quarter. Stone House Investment Management LLC now owns 28,174 shares of the company’s stock valued at $6,049,000 after purchasing an additional 2,950 shares during the last quarter. Clearwave Capital LLC acquired a new position in iShares U.S. Aerospace & Defense ETF in the 4th quarter valued at about $906,000. Clear Creek Financial Management LLC boosted its holdings in iShares U.S. Aerospace & Defense ETF by 52.7% in the 4th quarter. Clear Creek Financial Management LLC now owns 8,576 shares of the company’s stock valued at $1,841,000 after purchasing an additional 2,959 shares during the last quarter. Finally, World Investment Advisors grew its stake in shares of iShares U.S. Aerospace & Defense ETF by 124.6% in the 4th quarter. World Investment Advisors now owns 24,038 shares of the company’s stock valued at $5,161,000 after buying an additional 13,334 shares during the period.

iShares U.S. Aerospace & Defense ETF Price Performance

Shares of BATS ITA opened at $239.66 on Friday. The company has a market capitalization of $10.55 billion, a P/E ratio of 34.35 and a beta of 0.87. The company has a 50 day simple moving average of $236.16 and a 200-day simple moving average of $232.52. iShares U.S. Aerospace & Defense ETF has a 1 year low of $191.19 and a 1 year high of $251.49.

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.