RCS Financial Planning LLC Takes $780,000 Position in iShares U.S. Aerospace & Defense ETF $ITA

RCS Financial Planning LLC acquired a new stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,728 shares of the company’s stock, valued at approximately $780,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Financial Consulate Inc. acquired a new position in shares of iShares U.S. Aerospace & Defense ETF in the 3rd quarter valued at $28,000. SRH Advisors LLC acquired a new stake in shares of iShares U.S. Aerospace & Defense ETF during the 3rd quarter worth about $30,000. Atlantic Union Bankshares Corp purchased a new stake in iShares U.S. Aerospace & Defense ETF in the 2nd quarter valued at about $31,000. Total Investment Management Inc. purchased a new stake in iShares U.S. Aerospace & Defense ETF in the 2nd quarter valued at about $35,000. Finally, N.E.W. Advisory Services LLC lifted its position in iShares U.S. Aerospace & Defense ETF by 37.4% in the third quarter. N.E.W. Advisory Services LLC now owns 169 shares of the company’s stock valued at $35,000 after buying an additional 46 shares during the last quarter.

iShares U.S. Aerospace & Defense ETF Price Performance

Shares of ITA stock opened at $234.44 on Wednesday. iShares U.S. Aerospace & Defense ETF has a 1-year low of $129.14 and a 1-year high of $198.47. The firm has a market cap of $10.32 billion, a PE ratio of 34.35 and a beta of 0.87. The company has a 50-day moving average of $220.92 and a two-hundred day moving average of $209.58.

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.