ELCO Management Co. LLC Buys New Shares in iShares U.S. Aerospace & Defense ETF $ITA

ELCO Management Co. LLC bought a new stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 1,750 shares of the company’s stock, valued at approximately $330,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Anson Capital Inc. boosted its holdings in iShares U.S. Aerospace & Defense ETF by 4.0% in the second quarter. Anson Capital Inc. now owns 1,805 shares of the company’s stock valued at $340,000 after purchasing an additional 70 shares during the period. Purkiss Capital Advisors LLC purchased a new position in iShares U.S. Aerospace & Defense ETF in the second quarter valued at $302,000. Alexander Labrunerie & CO. Inc. boosted its holdings in iShares U.S. Aerospace & Defense ETF by 5.1% in the second quarter. Alexander Labrunerie & CO. Inc. now owns 2,146 shares of the company’s stock valued at $405,000 after purchasing an additional 104 shares during the period. Brookwood Investment Group LLC boosted its holdings in iShares U.S. Aerospace & Defense ETF by 11.5% in the second quarter. Brookwood Investment Group LLC now owns 5,359 shares of the company’s stock valued at $1,011,000 after purchasing an additional 554 shares during the period. Finally, Envestnet Asset Management Inc. boosted its holdings in iShares U.S. Aerospace & Defense ETF by 18.6% in the second quarter. Envestnet Asset Management Inc. now owns 269,436 shares of the company’s stock valued at $50,826,000 after purchasing an additional 42,241 shares during the period.

iShares U.S. Aerospace & Defense ETF Trading Up 47.0%

BATS:ITA opened at $217.63 on Wednesday. The firm has a market cap of $9.58 billion, a PE ratio of 34.35 and a beta of 0.87. The stock has a fifty day moving average price of $204.76 and a 200 day moving average price of $187.74. iShares U.S. Aerospace & Defense ETF has a 12-month low of $129.14 and a 12-month high of $198.47.

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).