JB Capital LLC Invests $33.10 Million in iShares U.S. Aerospace & Defense ETF $ITA

JB Capital LLC acquired a new stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA) during the third quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 158,190 shares of the company’s stock, valued at approximately $33,103,000. iShares U.S. Aerospace & Defense ETF makes up 1.4% of JB Capital LLC’s portfolio, making the stock its 16th largest holding. JB Capital LLC owned 0.36% of iShares U.S. Aerospace & Defense ETF at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in ITA. BNP Paribas Financial Markets boosted its holdings in shares of iShares U.S. Aerospace & Defense ETF by 283.3% during the 2nd quarter. BNP Paribas Financial Markets now owns 609,728 shares of the company’s stock worth $115,019,000 after buying an additional 450,652 shares during the period. CWM LLC lifted its position in iShares U.S. Aerospace & Defense ETF by 1,470.8% during the 3rd quarter. CWM LLC now owns 437,468 shares of the company’s stock worth $91,545,000 after acquiring an additional 409,618 shares during the last quarter. Kingstone Capital Partners Texas LLC bought a new stake in iShares U.S. Aerospace & Defense ETF during the second quarter valued at about $34,118,000. Goldman Sachs Group Inc. boosted its holdings in iShares U.S. Aerospace & Defense ETF by 55.6% during the first quarter. Goldman Sachs Group Inc. now owns 424,645 shares of the company’s stock valued at $65,013,000 after acquiring an additional 151,757 shares during the period. Finally, Bank of Montreal Can grew its position in shares of iShares U.S. Aerospace & Defense ETF by 788.3% in the second quarter. Bank of Montreal Can now owns 117,541 shares of the company’s stock valued at $22,173,000 after purchasing an additional 104,309 shares during the last quarter.

iShares U.S. Aerospace & Defense ETF Stock Performance

iShares U.S. Aerospace & Defense ETF stock opened at $216.24 on Wednesday. iShares U.S. Aerospace & Defense ETF has a 52 week low of $129.14 and a 52 week high of $198.47. The firm has a market capitalization of $9.51 billion, a PE ratio of 34.35 and a beta of 0.87. The business’s 50-day simple moving average is $209.16 and its 200-day simple moving average is $201.43.

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). 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.