Independent Financial Group LLC purchased a new position in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA – Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 36,672 shares of the company’s stock, valued at approximately $8,022,000. Independent Financial Group LLC owned 0.08% of iShares U.S. Aerospace & Defense ETF as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bogart Wealth LLC boosted its holdings in shares of iShares U.S. Aerospace & Defense ETF by 447.6% in the first quarter. Bogart Wealth LLC now owns 115 shares of the company’s stock valued at $25,000 after acquiring an additional 94 shares during the period. Physician Wealth Advisors Inc. increased its holdings in shares of iShares U.S. Aerospace & Defense ETF by 395.8% in the 4th quarter. Physician Wealth Advisors Inc. now owns 119 shares of the company’s stock valued at $26,000 after acquiring an additional 95 shares during the period. Aventura Private Wealth LLC acquired a new position in shares of iShares U.S. Aerospace & Defense ETF in the 4th quarter valued at $28,000. Optima Capital LLC purchased a new stake in iShares U.S. Aerospace & Defense ETF in the 4th quarter valued at $28,000. Finally, GHP Investment Advisors Inc. purchased a new stake in iShares U.S. Aerospace & Defense ETF in the 4th quarter valued at $30,000.
iShares U.S. Aerospace & Defense ETF Price Performance
Shares of BATS:ITA opened at $230.89 on Friday. The stock has a market cap of $10.16 billion, a P/E ratio of 34.35 and a beta of 0.87. The firm has a fifty day moving average price of $233.17 and a 200 day moving average price of $231.52. iShares U.S. Aerospace & Defense ETF has a 1-year low of $190.16 and a 1-year high of $251.49.
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.
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