Patriot Financial Group Insurance Agency LLC grew its stake in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA – Free Report) by 110.9% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 18,698 shares of the company’s stock after acquiring an additional 9,832 shares during the period. Patriot Financial Group Insurance Agency LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $4,090,000 at the end of the most recent reporting period.
Several other institutional investors have also recently made changes to their positions in ITA. LPL Financial LLC grew its position in shares of iShares U.S. Aerospace & Defense ETF by 11.5% in the fourth quarter. LPL Financial LLC now owns 3,152,397 shares of the company’s stock valued at $676,788,000 after purchasing an additional 325,026 shares in the last quarter. Morgan Stanley lifted its holdings in iShares U.S. Aerospace & Defense ETF by 6.1% during the 4th quarter. Morgan Stanley now owns 2,993,497 shares of the company’s stock worth $642,674,000 after purchasing an additional 171,385 shares in the last quarter. Wells Fargo & Company MN lifted its holdings in iShares U.S. Aerospace & Defense ETF by 13.2% during the 4th quarter. Wells Fargo & Company MN now owns 1,270,586 shares of the company’s stock worth $272,782,000 after purchasing an additional 148,199 shares in the last quarter. BNP Paribas Financial Markets boosted its stake in iShares U.S. Aerospace & Defense ETF by 49.7% in the 3rd quarter. BNP Paribas Financial Markets now owns 912,502 shares of the company’s stock worth $190,950,000 after purchasing an additional 302,774 shares during the period. Finally, Ameriprise Financial Inc. boosted its stake in iShares U.S. Aerospace & Defense ETF by 12.9% in the 3rd quarter. Ameriprise Financial Inc. now owns 877,965 shares of the company’s stock worth $183,684,000 after purchasing an additional 100,299 shares during the period.
iShares U.S. Aerospace & Defense ETF Price Performance
ITA stock opened at $236.78 on Monday. The firm has a market capitalization of $10.42 billion, a PE ratio of 34.35 and a beta of 0.87. iShares U.S. Aerospace & Defense ETF has a twelve month low of $183.42 and a twelve month high of $250.65. The stock has a 50-day simple moving average of $227.61 and a two-hundred day simple moving average of $228.66.
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.
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