Foundations Investment Advisors LLC Buys Shares of 166,918 iShares U.S. Aerospace & Defense ETF $ITA

Foundations Investment Advisors LLC purchased a new stake in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 166,918 shares of the company’s stock, valued at approximately $34,929,000. Foundations Investment Advisors LLC owned approximately 0.38% of iShares U.S. Aerospace & Defense ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in ITA. Blair William & Co. IL lifted its holdings in shares of iShares U.S. Aerospace & Defense ETF by 18.9% in the 2nd quarter. Blair William & Co. IL now owns 22,597 shares of the company’s stock worth $4,263,000 after purchasing an additional 3,584 shares in the last quarter. Concurrent Investment Advisors LLC raised its holdings in iShares U.S. Aerospace & Defense ETF by 37.2% during the second quarter. Concurrent Investment Advisors LLC now owns 26,997 shares of the company’s stock worth $5,093,000 after buying an additional 7,324 shares during the last quarter. D.A. Davidson & CO. lifted its stake in shares of iShares U.S. Aerospace & Defense ETF by 49.8% in the third quarter. D.A. Davidson & CO. now owns 8,546 shares of the company’s stock valued at $1,788,000 after buying an additional 2,840 shares in the last quarter. Benjamin Edwards Inc. grew its holdings in shares of iShares U.S. Aerospace & Defense ETF by 41.2% during the third quarter. Benjamin Edwards Inc. now owns 11,157 shares of the company’s stock valued at $2,335,000 after buying an additional 3,254 shares during the last quarter. Finally, Global Retirement Partners LLC increased its position in shares of iShares U.S. Aerospace & Defense ETF by 57.2% during the third quarter. Global Retirement Partners LLC now owns 16,858 shares of the company’s stock worth $3,528,000 after acquiring an additional 6,131 shares in the last quarter.

iShares U.S. Aerospace & Defense ETF Price Performance

ITA opened at $233.54 on Thursday. iShares U.S. Aerospace & Defense ETF has a fifty-two week low of $129.14 and a fifty-two week high of $198.47. The firm has a market capitalization of $10.28 billion, a PE ratio of 34.35 and a beta of 0.87. The company’s 50-day moving average is $218.31 and its 200 day moving average is $208.41.

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.