Capstone Financial Advisors Inc. Makes New Investment in iShares U.S. Aerospace & Defense ETF $ITA

Capstone Financial Advisors Inc. bought a new stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA) in the second quarter, HoldingsChannel.com reports. The fund bought 2,363 shares of the company’s stock, valued at approximately $573,000.

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

iShares U.S. Aerospace & Defense ETF Price Performance

Shares of BATS ITA opened at $219.45 on Thursday. iShares U.S. Aerospace & Defense ETF has a 1-year low of $195.71 and a 1-year high of $256.60. The business’s fifty day moving average price is $239.01 and its two-hundred day moving average price is $233.20. The firm has a market capitalization of $9.66 billion, a PE ratio of 34.35 and a beta of 0.87.

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.