SPC Financial Inc. Has $31.27 Million Position in iShares U.S. Aerospace & Defense ETF $ITA

SPC Financial Inc. raised its holdings in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 17.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 149,415 shares of the company’s stock after acquiring an additional 22,584 shares during the period. iShares U.S. Aerospace & Defense ETF comprises approximately 2.4% of SPC Financial Inc.’s portfolio, making the stock its 8th biggest holding. SPC Financial Inc. owned about 0.34% of iShares U.S. Aerospace & Defense ETF worth $31,267,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Envestnet Asset Management Inc. lifted its stake in iShares U.S. Aerospace & Defense ETF by 1,674.1% in the third quarter. Envestnet Asset Management Inc. now owns 4,780,198 shares of the company’s stock worth $1,000,304,000 after purchasing an additional 4,510,762 shares during the last quarter. Park Avenue Securities LLC increased its holdings in shares of iShares U.S. Aerospace & Defense ETF by 2,172.2% in the third quarter. Park Avenue Securities LLC now owns 483,301 shares of the company’s stock worth $101,136,000 after buying an additional 462,031 shares during the period. BNP Paribas Financial Markets increased its holdings in shares of iShares U.S. Aerospace & Defense ETF by 283.3% in the second 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 stake in shares of iShares U.S. Aerospace & Defense ETF by 1,470.8% in the 3rd quarter. CWM LLC now owns 437,468 shares of the company’s stock valued at $91,545,000 after acquiring an additional 409,618 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. boosted its holdings in iShares U.S. Aerospace & Defense ETF by 9,026.7% during the 3rd quarter. Envestnet Portfolio Solutions Inc. now owns 402,305 shares of the company’s stock valued at $84,186,000 after acquiring an additional 397,897 shares during the period.

iShares U.S. Aerospace & Defense ETF Price Performance

ITA opened at $234.00 on Friday. The stock’s 50 day simple moving average is $222.43 and its 200 day simple moving average is $210.22. The firm has a market cap of $10.30 billion, a price-to-earnings ratio of 34.35 and a beta of 0.87. iShares U.S. Aerospace & Defense ETF has a 1 year low of $129.14 and a 1 year high of $198.47.

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.