Ring Mountain Capital LLC Boosts Holdings in iShares U.S. Aerospace & Defense ETF $ITA

Ring Mountain Capital LLC raised its stake in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 6.1% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 5,021 shares of the company’s stock after acquiring an additional 288 shares during the quarter. Ring Mountain Capital LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $985,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Goldman Sachs Group Inc. lifted 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 purchasing an additional 151,757 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of iShares U.S. Aerospace & Defense ETF by 18.6% during the second quarter. Envestnet Asset Management Inc. now owns 269,436 shares of the company’s stock worth $50,826,000 after buying an additional 42,241 shares in the last quarter. Cetera Investment Advisers grew its holdings in shares of iShares U.S. Aerospace & Defense ETF by 10.1% during the first quarter. Cetera Investment Advisers now owns 250,167 shares of the company’s stock worth $38,301,000 after buying an additional 22,941 shares in the last quarter. Kingstone Capital Partners Texas LLC purchased a new stake in shares of iShares U.S. Aerospace & Defense ETF during the second quarter worth $34,118,000. Finally, HighTower Advisors LLC grew its holdings in shares of iShares U.S. Aerospace & Defense ETF by 21.3% during the first quarter. HighTower Advisors LLC now owns 179,543 shares of the company’s stock worth $27,488,000 after buying an additional 31,536 shares in the last quarter.

iShares U.S. Aerospace & Defense ETF Stock Up 43.0%

iShares U.S. Aerospace & Defense ETF stock opened at $211.78 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 $9.32 billion, a price-to-earnings ratio of 34.35 and a beta of 0.87. The company has a fifty day simple moving average of $206.65 and a 200-day simple moving average of $190.30.

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).