Tcfg Wealth Management LLC Makes New Investment in iShares U.S. Aerospace & Defense ETF $ITA

Tcfg Wealth Management LLC purchased a new position in iShares U.S. Aerospace & Defense ETF (BATS:ITA) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 1,760 shares of the company’s stock, valued at approximately $332,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in ITA. Goldman Sachs Group Inc. raised its holdings in shares of 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 worth $65,013,000 after purchasing an additional 151,757 shares during the last quarter. Cetera Investment Advisers raised 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 purchasing an additional 22,941 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of iShares U.S. Aerospace & Defense ETF by 40.8% during the first quarter. Envestnet Asset Management Inc. now owns 227,195 shares of the company’s stock worth $34,784,000 after purchasing an additional 65,889 shares during the last quarter. Kingstone Capital Partners Texas LLC purchased a new position in shares of iShares U.S. Aerospace & Defense ETF during the second quarter worth $34,118,000. Finally, HighTower Advisors LLC raised 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 purchasing an additional 31,536 shares during the last quarter.

iShares U.S. Aerospace & Defense ETF Price Performance

Shares of iShares U.S. Aerospace & Defense ETF stock opened at $213.14 on Wednesday. The firm has a fifty day moving average price of $200.26 and a 200 day moving average price of $180.79. iShares U.S. Aerospace & Defense ETF has a 1 year low of $129.14 and a 1 year high of $198.47. The stock has a market cap of $9.38 billion, a PE 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).