Principal Securities Inc. Grows Position in iShares U.S. Aerospace & Defense ETF (BATS:ITA)

Principal Securities Inc. boosted its holdings in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 4.4% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 14,412 shares of the company’s stock after buying an additional 602 shares during the quarter. Principal Securities Inc.’s holdings in iShares U.S. Aerospace & Defense ETF were worth $2,095,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in ITA. Wood Tarver Financial Group LLC purchased a new position in shares of iShares U.S. Aerospace & Defense ETF during the 4th quarter worth $28,000. Redwood Park Advisors LLC acquired a new position in shares of iShares U.S. Aerospace & Defense ETF during the fourth quarter worth about $42,000. Albion Financial Group UT grew its position in shares of iShares U.S. Aerospace & Defense ETF by 39.5% during the first quarter. Albion Financial Group UT now owns 300 shares of the company’s stock worth $46,000 after buying an additional 85 shares in the last quarter. Bernard Wealth Management Corp. acquired a new position in iShares U.S. Aerospace & Defense ETF in the fourth quarter valued at approximately $47,000. Finally, Graney & King LLC acquired a new position in iShares U.S. Aerospace & Defense ETF in the fourth quarter valued at approximately $48,000.

iShares U.S. Aerospace & Defense ETF Trading Up 26.0%

Shares of BATS ITA opened at $186.54 on Wednesday. iShares U.S. Aerospace & Defense ETF has a twelve month low of $129.14 and a twelve month high of $188.77. The stock has a 50 day moving average of $175.65 and a two-hundred day moving average of $159.50. The stock has a market cap of $8.21 billion, a P/E ratio of 34.35 and a beta of 0.87.

iShares U.S. Aerospace & Defense ETF Company 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).