Sequoia Financial Advisors LLC Acquires 17,193 Shares of iShares U.S. Aerospace & Defense ETF $ITA

Sequoia Financial Advisors LLC increased its stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 344.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 22,191 shares of the company’s stock after buying an additional 17,193 shares during the period. Sequoia Financial Advisors LLC owned 0.05% of iShares U.S. Aerospace & Defense ETF worth $5,380,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. LPL Financial LLC increased its stake in shares of iShares U.S. Aerospace & Defense ETF by 11.5% during the fourth quarter. LPL Financial LLC now owns 3,152,397 shares of the company’s stock valued at $676,788,000 after buying an additional 325,026 shares during the period. Bank of America Corp DE raised its stake in shares of iShares U.S. Aerospace & Defense ETF by 3.6% during the 1st quarter. Bank of America Corp DE now owns 2,997,974 shares of the company’s stock worth $655,807,000 after acquiring an additional 104,802 shares in the last quarter. Morgan Stanley increased its position in shares of iShares U.S. Aerospace & Defense ETF by 6.1% during the fourth 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 increased its position 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 valued at $272,782,000 after buying an additional 148,199 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its holdings in shares of iShares U.S. Aerospace & Defense ETF by 12.9% during the third quarter. Ameriprise Financial Inc. now owns 877,965 shares of the company’s stock valued at $183,684,000 after acquiring an additional 100,299 shares in the last quarter.

iShares U.S. Aerospace & Defense ETF Trading Up 0.3%

BATS ITA opened at $219.01 on Friday. The stock has a market cap of $9.64 billion, a P/E ratio of 34.35 and a beta of 0.87. The company has a fifty day simple moving average of $237.83 and a two-hundred day simple moving average of $232.92. iShares U.S. Aerospace & Defense ETF has a 12-month low of $195.71 and a 12-month high of $256.60.

About iShares U.S. Aerospace & Defense ETF

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.