iShares U.S. Aerospace & Defense ETF $ITA Stake Boosted by Raleigh Capital Management Inc.

Raleigh Capital Management Inc. lifted its stake in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 748,500.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 7,486 shares of the company’s stock after purchasing an additional 7,485 shares during the quarter. Raleigh Capital Management Inc.’s holdings in iShares U.S. Aerospace & Defense ETF were worth $1,567,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Blair William & Co. IL increased its stake in shares of iShares U.S. Aerospace & Defense ETF by 18.9% during the second quarter. Blair William & Co. IL now owns 22,597 shares of the company’s stock valued at $4,263,000 after acquiring an additional 3,584 shares during the period. Concurrent Investment Advisors LLC boosted its stake in iShares U.S. Aerospace & Defense ETF by 37.2% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 26,997 shares of the company’s stock valued at $5,093,000 after purchasing an additional 7,324 shares in the last quarter. D.A. Davidson & CO. increased its position in shares of iShares U.S. Aerospace & Defense ETF by 49.8% during the 3rd quarter. D.A. Davidson & CO. now owns 8,546 shares of the company’s stock valued at $1,788,000 after purchasing an additional 2,840 shares during the period. Benjamin Edwards Inc. raised its stake in shares of iShares U.S. Aerospace & Defense ETF by 41.2% in the 3rd quarter. Benjamin Edwards Inc. now owns 11,157 shares of the company’s stock worth $2,335,000 after buying an additional 3,254 shares in the last quarter. Finally, Global Retirement Partners LLC raised its stake in shares of iShares U.S. Aerospace & Defense ETF by 57.2% in the 3rd quarter. Global Retirement Partners LLC now owns 16,858 shares of the company’s stock worth $3,528,000 after buying an additional 6,131 shares in the last quarter.

iShares U.S. Aerospace & Defense ETF Stock Up 56.1%

Shares of ITA stock opened at $231.11 on Tuesday. The stock has a 50-day simple moving average of $220.28 and a 200 day simple moving average of $209.31. The stock has a market capitalization of $10.17 billion, a P/E ratio of 34.35 and a beta of 0.87. iShares U.S. Aerospace & Defense ETF has a fifty-two week low of $129.14 and a fifty-two week high of $198.47.

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.