Performa Ltd US LLC Takes Position in iShares U.S. Aerospace & Defense ETF $ITA

Performa Ltd US LLC bought a new position in iShares U.S. Aerospace & Defense ETF (BATS:ITA) during the second quarter, Holdings Channel reports. The firm bought 2,500 shares of the company’s stock, valued at approximately $606,000. iShares U.S. Aerospace & Defense ETF makes up about 0.1% of Performa Ltd US LLC’s portfolio, making the stock its 21st biggest holding.

A number of other hedge funds have also recently modified their holdings of ITA. Bogart Wealth LLC grew its holdings in iShares U.S. Aerospace & Defense ETF by 447.6% during the first quarter. Bogart Wealth LLC now owns 115 shares of the company’s stock worth $25,000 after acquiring an additional 94 shares during the period. Continuum Advisory LLC acquired a new position in iShares U.S. Aerospace & Defense ETF in the second quarter valued at approximately $26,000. Clearstead Trust LLC purchased a new stake in iShares U.S. Aerospace & Defense ETF in the 1st quarter worth approximately $28,000. SHP Wealth Management purchased a new stake in iShares U.S. Aerospace & Defense ETF in the 4th quarter worth approximately $35,000. Finally, Ameriflex Group Inc. grew its stake in shares of iShares U.S. Aerospace & Defense ETF by 59.8% during the 4th quarter. Ameriflex Group Inc. now owns 179 shares of the company’s stock worth $38,000 after purchasing an additional 67 shares during the period.

iShares U.S. Aerospace & Defense ETF Price Performance

BATS:ITA opened at $223.53 on Wednesday. The company has a 50 day moving average price of $239.50 and a 200-day moving average price of $233.37. iShares U.S. Aerospace & Defense ETF has a 1-year low of $194.63 and a 1-year high of $256.60. The firm has a market cap of $9.84 billion, a price-to-earnings ratio of 34.35 and a beta of 0.87.

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.