World Investment Advisors Has $5.16 Million Stock Position in iShares U.S. Aerospace & Defense ETF $ITA

World Investment Advisors increased its position in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 124.6% during the fourth quarter, Holdings Channel reports. The institutional investor owned 24,038 shares of the company’s stock after purchasing an additional 13,334 shares during the period. World Investment Advisors’ holdings in iShares U.S. Aerospace & Defense ETF were worth $5,161,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in ITA. Envestnet Asset Management Inc. raised its stake in iShares U.S. Aerospace & Defense ETF by 1,674.1% during the 3rd quarter. Envestnet Asset Management Inc. now owns 4,780,198 shares of the company’s stock worth $1,000,304,000 after buying an additional 4,510,762 shares during the period. BNP Paribas Financial Markets raised its stake in iShares U.S. Aerospace & Defense ETF by 283.3% during the 2nd 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. Envestnet Portfolio Solutions Inc. raised its stake 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 worth $84,186,000 after buying an additional 397,897 shares during the period. JPMorgan Chase & Co. raised its stake in iShares U.S. Aerospace & Defense ETF by 201.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 495,315 shares of the company’s stock worth $103,650,000 after buying an additional 330,963 shares during the period. Finally, Foundations Investment Advisors LLC acquired a new position in iShares U.S. Aerospace & Defense ETF during the 3rd quarter worth approximately $34,929,000.

iShares U.S. Aerospace & Defense ETF Stock Performance

ITA stock opened at $224.46 on Friday. The stock’s 50 day simple moving average is $226.54 and its 200 day simple moving average is $223.42. iShares U.S. Aerospace & Defense ETF has a fifty-two week low of $167.78 and a fifty-two week high of $250.65. The company has a market cap of $9.88 billion, a P/E ratio of 34.35 and a beta of 0.87.

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). 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.