Cahill Financial Advisors Inc. Has $2.85 Million Holdings in iShares U.S. Aerospace & Defense ETF $ITA

Cahill Financial Advisors Inc. raised its position in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 332.9% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 11,744 shares of the company’s stock after buying an additional 9,031 shares during the quarter. Cahill Financial Advisors Inc.’s holdings in iShares U.S. Aerospace & Defense ETF were worth $2,847,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. LPL Financial LLC raised its position in iShares U.S. Aerospace & Defense ETF by 11.5% during the fourth quarter. LPL Financial LLC now owns 3,152,397 shares of the company’s stock valued at $676,788,000 after purchasing an additional 325,026 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of iShares U.S. Aerospace & Defense ETF by 3.6% during the 1st quarter. Bank of America Corp DE now owns 2,997,974 shares of the company’s stock worth $655,807,000 after buying an additional 104,802 shares in the last quarter. Morgan Stanley lifted its position in shares of iShares U.S. Aerospace & Defense ETF by 6.1% during the 4th quarter. Morgan Stanley now owns 2,993,497 shares of the company’s stock worth $642,674,000 after buying an additional 171,385 shares during the last quarter. Wells Fargo & Company MN lifted its position in shares of iShares U.S. Aerospace & Defense ETF by 13.2% during the 4th quarter. Wells Fargo & Company MN now owns 1,270,586 shares of the company’s stock worth $272,782,000 after buying an additional 148,199 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its stake in iShares U.S. Aerospace & Defense ETF by 12.9% in the third quarter. Ameriprise Financial Inc. now owns 877,965 shares of the company’s stock valued at $183,684,000 after buying an additional 100,299 shares in the last quarter.

iShares U.S. Aerospace & Defense ETF Trading Down 1.8%

Shares of BATS ITA opened at $219.45 on Thursday. The company has a market cap of $9.66 billion, a price-to-earnings ratio of 34.35 and a beta of 0.87. iShares U.S. Aerospace & Defense ETF has a 12 month low of $195.71 and a 12 month high of $256.60. The stock has a 50-day moving average price of $239.01 and a two-hundred day moving average price of $233.20.

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.