TigerOak Management L.L.C. Takes $2.79 Million Position in iShares U.S. Aerospace & Defense ETF (BATS:ITA)

TigerOak Management L.L.C. purchased a new stake in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) in the 4th quarter, Holdings Channel reports. The fund purchased 19,202 shares of the company’s stock, valued at approximately $2,791,000. iShares U.S. Aerospace & Defense ETF comprises approximately 1.0% of TigerOak Management L.L.C.’s holdings, making the stock its 18th biggest position.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Prime Capital Investment Advisors LLC increased its position in shares of iShares U.S. Aerospace & Defense ETF by 0.3% during the third quarter. Prime Capital Investment Advisors LLC now owns 26,437 shares of the company’s stock valued at $3,956,000 after acquiring an additional 73 shares in the last quarter. Ellis Investment Partners LLC increased its position in shares of iShares U.S. Aerospace & Defense ETF by 1.5% during the third quarter. Ellis Investment Partners LLC now owns 5,051 shares of the company’s stock valued at $756,000 after acquiring an additional 74 shares in the last quarter. Hollencrest Capital Management increased its position in shares of iShares U.S. Aerospace & Defense ETF by 29.1% during the third quarter. Hollencrest Capital Management now owns 333 shares of the company’s stock valued at $50,000 after acquiring an additional 75 shares in the last quarter. JDM Financial Group LLC increased its position in shares of iShares U.S. Aerospace & Defense ETF by 5.7% during the third quarter. JDM Financial Group LLC now owns 1,433 shares of the company’s stock valued at $214,000 after acquiring an additional 77 shares in the last quarter. Finally, Capital Investment Advisory Services LLC increased its position in shares of iShares U.S. Aerospace & Defense ETF by 3.4% during the fourth quarter. Capital Investment Advisory Services LLC now owns 2,668 shares of the company’s stock valued at $388,000 after acquiring an additional 88 shares in the last quarter.

iShares U.S. Aerospace & Defense ETF Stock Up 3.8 %

Shares of ITA opened at $153.67 on Friday. The company has a market capitalization of $7.22 billion, a P/E ratio of 29.96 and a beta of 0.60. The firm has a 50 day moving average of $150.64 and a 200 day moving average of $148.94. iShares U.S. Aerospace & Defense ETF has a twelve month low of $145.00 and a twelve month high of $206.56.

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).