iShares U.S. Aerospace & Defense ETF $ITA Shares Newly Purchased by XML Financial LLC

XML Financial LLC purchased a new position in iShares U.S. Aerospace & Defense ETF (BATS:ITA) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 2,584 shares of the company’s stock, valued at approximately $535,000.

Several other hedge funds have also recently made changes to their positions in the stock. Continuum Advisory LLC purchased a new position in shares of iShares U.S. Aerospace & Defense ETF during the second quarter valued at approximately $26,000. Bogart Wealth LLC lifted its position 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 valued at $25,000 after purchasing an additional 94 shares during the period. Clearstead Trust LLC bought a new position in iShares U.S. Aerospace & Defense ETF during the first quarter valued at approximately $28,000. Root Financial Partners LLC purchased a new stake in iShares U.S. Aerospace & Defense ETF in the third quarter worth approximately $27,000. Finally, Wellington Grp LLC purchased a new stake in iShares U.S. Aerospace & Defense ETF in the first quarter worth approximately $41,000.

iShares U.S. Aerospace & Defense ETF Trading Up 0.7%

Shares of ITA stock opened at $216.17 on Wednesday. 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 market capitalization of $9.51 billion, a P/E ratio of 34.35 and a beta of 0.87. The firm’s 50 day moving average is $213.92 and its 200 day moving average is $228.93.

Shares of iShares U.S. Aerospace & Defense ETF are scheduled to split on Thursday, November 5th. The 3-1 split was recently announced. The newly created shares will be payable to shareholders after the market closes on Wednesday, November 4th.

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.