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

Sagespring Wealth Partners LLC bought a new stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 101,887 shares of the company’s stock, valued at approximately $21,874,000. Sagespring Wealth Partners LLC owned about 0.23% of iShares U.S. Aerospace & Defense ETF at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of ITA. D.A. Davidson & CO. boosted its holdings 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 acquiring an additional 2,840 shares in the last quarter. Benjamin Edwards Inc. raised its holdings in 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 worth $2,335,000 after purchasing an additional 3,254 shares in the last quarter. Global Retirement Partners LLC raised its holdings in 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 purchasing an additional 6,131 shares in the last quarter. Csenge Advisory Group lifted its position in iShares U.S. Aerospace & Defense ETF by 31.3% in the third quarter. Csenge Advisory Group now owns 19,834 shares of the company’s stock valued at $4,151,000 after purchasing an additional 4,727 shares during the period. Finally, Clear Creek Financial Management LLC acquired a new stake in iShares U.S. Aerospace & Defense ETF in the third quarter valued at about $1,175,000.

iShares U.S. Aerospace & Defense ETF Trading Down 2.1%

Shares of ITA opened at $222.56 on Friday. The stock’s 50 day moving average is $236.91 and its two-hundred day moving average is $218.61. iShares U.S. Aerospace & Defense ETF has a twelve month low of $129.14 and a twelve month high of $250.65. The firm has a market capitalization of $9.79 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). 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.