Stairway Partners LLC Makes New Investment in iShares U.S. Aerospace & Defense ETF $ITA

Stairway Partners LLC purchased a new stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA) in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 55,804 shares of the company’s stock, valued at approximately $11,561,000. iShares U.S. Aerospace & Defense ETF comprises about 0.6% of Stairway Partners LLC’s investment portfolio, making the stock its 17th biggest position.

A number of other large investors have also recently bought and sold shares of the business. LPL Financial LLC grew its position in iShares U.S. Aerospace & Defense ETF by 11.5% during the 4th quarter. LPL Financial LLC now owns 3,152,397 shares of the company’s stock worth $676,788,000 after purchasing an additional 325,026 shares during the last quarter. Bank of America Corp DE increased its stake in iShares U.S. Aerospace & Defense ETF by 3.6% in the first quarter. Bank of America Corp DE now owns 2,997,974 shares of the company’s stock valued at $655,807,000 after purchasing an additional 104,802 shares during the period. Envestnet Asset Management Inc. raised its holdings in shares of iShares U.S. Aerospace & Defense ETF by 7.4% in the second quarter. Envestnet Asset Management Inc. now owns 749,574 shares of the company’s stock valued at $198,932,000 after buying an additional 51,671 shares during the last quarter. MML Investors Services LLC raised its holdings in shares of iShares U.S. Aerospace & Defense ETF by 11.5% in the fourth quarter. MML Investors Services LLC now owns 725,035 shares of the company’s stock valued at $155,658,000 after buying an additional 74,883 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in shares of iShares U.S. Aerospace & Defense ETF by 15.9% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 616,653 shares of the company’s stock worth $149,489,000 after buying an additional 84,677 shares during the period.

iShares U.S. Aerospace & Defense ETF Stock Performance

Shares of ITA opened at $208.04 on Friday. iShares U.S. Aerospace & Defense ETF has a fifty-two week low of $195.71 and a fifty-two week high of $256.60. The firm has a 50-day simple moving average of $231.18 and a 200-day simple moving average of $230.06. The company has a market capitalization of $9.15 billion, a price-to-earnings ratio of 34.35 and a beta of 0.87.

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.