Cardinal Point Capital Management ULC Purchases New Stake in iShares U.S. Aerospace & Defense ETF $ITA

Cardinal Point Capital Management ULC purchased a new stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 9,170 shares of the company’s stock, valued at approximately $1,730,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Private Wealth Asset Management LLC acquired a new stake in iShares U.S. Aerospace & Defense ETF in the second quarter valued at $38,000. Valley National Advisers Inc. increased its stake in iShares U.S. Aerospace & Defense ETF by 41.0% during the second quarter. Valley National Advisers Inc. now owns 203 shares of the company’s stock valued at $38,000 after purchasing an additional 59 shares during the last quarter. 1 North Wealth Services LLC bought a new stake in iShares U.S. Aerospace & Defense ETF during the first quarter valued at $32,000. MassMutual Private Wealth & Trust FSB bought a new stake in iShares U.S. Aerospace & Defense ETF during the second quarter valued at $39,000. Finally, Copia Wealth Management increased its stake in iShares U.S. Aerospace & Defense ETF by 37.1% during the second quarter. Copia Wealth Management now owns 233 shares of the company’s stock valued at $44,000 after purchasing an additional 63 shares during the last quarter.

iShares U.S. Aerospace & Defense ETF Price Performance

ITA stock opened at $215.57 on Friday. iShares U.S. Aerospace & Defense ETF has a 1-year low of $129.14 and a 1-year high of $198.47. The firm has a fifty day moving average price of $203.39 and a two-hundred day moving average price of $185.62. The firm has a market cap of $9.49 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).