iShares U.S. Aerospace & Defense ETF $ITA Shares Bought by Truist Financial Corp

Truist Financial Corp raised its stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 1.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 232,863 shares of the company’s stock after buying an additional 3,848 shares during the quarter. Truist Financial Corp owned about 0.53% of iShares U.S. Aerospace & Defense ETF worth $49,993,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of ITA. Envestnet Asset Management Inc. lifted its position in iShares U.S. Aerospace & Defense ETF by 1,674.1% in the third quarter. Envestnet Asset Management Inc. now owns 4,780,198 shares of the company’s stock valued at $1,000,304,000 after buying an additional 4,510,762 shares during the last quarter. Park Avenue Securities LLC lifted its position in iShares U.S. Aerospace & Defense ETF by 2,172.2% in the third quarter. Park Avenue Securities LLC now owns 483,301 shares of the company’s stock valued at $101,136,000 after buying an additional 462,031 shares during the last quarter. BNP Paribas Financial Markets lifted its position in iShares U.S. Aerospace & Defense ETF by 283.3% in the second quarter. BNP Paribas Financial Markets now owns 609,728 shares of the company’s stock valued at $115,019,000 after buying an additional 450,652 shares during the last quarter. Envestnet Portfolio Solutions Inc. lifted its position in iShares U.S. Aerospace & Defense ETF by 9,026.7% in the third quarter. Envestnet Portfolio Solutions Inc. now owns 402,305 shares of the company’s stock valued at $84,186,000 after buying an additional 397,897 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its position in iShares U.S. Aerospace & Defense ETF by 201.4% in the third quarter. JPMorgan Chase & Co. now owns 495,315 shares of the company’s stock valued at $103,650,000 after buying an additional 330,963 shares during the last quarter.

iShares U.S. Aerospace & Defense ETF Stock Performance

Shares of ITA opened at $215.37 on Wednesday. The stock has a market capitalization of $9.48 billion, a PE ratio of 34.35 and a beta of 0.87. iShares U.S. Aerospace & Defense ETF has a 1 year low of $158.55 and a 1 year high of $250.65. The company’s 50-day simple moving average is $229.28 and its 200-day simple moving average is $222.76.

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.