iShares U.S. Aerospace & Defense ETF $ITA Shares Bought by Patten & Patten Inc. TN

Patten & Patten Inc. TN boosted its position in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 51.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,705 shares of the company’s stock after buying an additional 3,648 shares during the period. Patten & Patten Inc. TN’s holdings in iShares U.S. Aerospace & Defense ETF were worth $2,019,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. increased its position in iShares U.S. Aerospace & Defense ETF by 55.6% during the first quarter. Goldman Sachs Group Inc. now owns 424,645 shares of the company’s stock worth $65,013,000 after buying an additional 151,757 shares during the period. Cetera Investment Advisers increased its position in iShares U.S. Aerospace & Defense ETF by 10.1% during the first quarter. Cetera Investment Advisers now owns 250,167 shares of the company’s stock worth $38,301,000 after buying an additional 22,941 shares during the period. Envestnet Asset Management Inc. increased its holdings in shares of iShares U.S. Aerospace & Defense ETF by 40.8% in the first quarter. Envestnet Asset Management Inc. now owns 227,195 shares of the company’s stock valued at $34,784,000 after purchasing an additional 65,889 shares during the period. Kingstone Capital Partners Texas LLC acquired a new position in shares of iShares U.S. Aerospace & Defense ETF in the second quarter valued at approximately $34,118,000. Finally, HighTower Advisors LLC increased its holdings in shares of iShares U.S. Aerospace & Defense ETF by 21.3% in the first quarter. HighTower Advisors LLC now owns 179,543 shares of the company’s stock valued at $27,488,000 after purchasing an additional 31,536 shares during the period.

iShares U.S. Aerospace & Defense ETF Trading Up 40.2%

BATS:ITA opened at $207.62 on Thursday. The firm has a market cap of $9.14 billion, a P/E ratio of 34.35 and a beta of 0.87. The stock’s 50 day simple moving average is $201.78 and its 200-day simple moving average is $183.00. iShares U.S. Aerospace & Defense ETF has a 12-month low of $129.14 and a 12-month high of $198.47.

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).