IFP Advisors Inc Acquires 5,717 Shares of iShares U.S. Aerospace & Defense ETF $ITA

IFP Advisors Inc boosted its stake in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 5.3% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 114,191 shares of the company’s stock after acquiring an additional 5,717 shares during the quarter. iShares U.S. Aerospace & Defense ETF makes up approximately 0.6% of IFP Advisors Inc’s holdings, making the stock its 22nd biggest holding. IFP Advisors Inc’s holdings in iShares U.S. Aerospace & Defense ETF were worth $23,896,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. N.E.W. Advisory Services LLC grew its position in shares of iShares U.S. Aerospace & Defense ETF by 37.4% during the 3rd quarter. N.E.W. Advisory Services LLC now owns 169 shares of the company’s stock worth $35,000 after buying an additional 46 shares during the period. Gerber Kawasaki Wealth & Investment Management lifted its holdings in shares of iShares U.S. Aerospace & Defense ETF by 0.3% during the 2nd quarter. Gerber Kawasaki Wealth & Investment Management now owns 16,898 shares of the company’s stock valued at $3,188,000 after purchasing an additional 51 shares in the last quarter. Lee Johnson Capital Management LLC boosted its holdings in shares of iShares U.S. Aerospace & Defense ETF by 0.6% in the third quarter. Lee Johnson Capital Management LLC now owns 9,073 shares of the company’s stock valued at $1,899,000 after buying an additional 52 shares during the period. Allen Capital Group LLC raised its stake in shares of iShares U.S. Aerospace & Defense ETF by 0.9% in the 3rd quarter. Allen Capital Group LLC now owns 5,753 shares of the company’s stock valued at $1,204,000 after purchasing an additional 53 shares during the period. Finally, RPg Family Wealth Advisory LLC lifted its stake in iShares U.S. Aerospace & Defense ETF by 0.4% in the 2nd quarter. RPg Family Wealth Advisory LLC now owns 13,729 shares of the company’s stock valued at $2,590,000 after acquiring an additional 57 shares in the last quarter.

iShares U.S. Aerospace & Defense ETF Trading Down 0.6%

Shares of ITA opened at $231.43 on Thursday. The stock has a market capitalization of $10.18 billion, a price-to-earnings ratio of 34.35 and a beta of 0.87. The firm has a fifty day simple moving average of $237.12 and a 200 day simple moving average of $218.38. iShares U.S. Aerospace & Defense ETF has a 12 month low of $129.14 and a 12 month high of $250.65.

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.