World Equity Group Inc. Makes New $889,000 Investment in iShares U.S. Aerospace & Defense ETF $ITA

World Equity Group Inc. purchased a new position in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 4,250 shares of the company’s stock, valued at approximately $889,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Financial Consulate Inc. purchased a new stake in iShares U.S. Aerospace & Defense ETF during the 3rd quarter worth approximately $28,000. SRH Advisors LLC acquired a new stake in shares of iShares U.S. Aerospace & Defense ETF during the third quarter worth $30,000. Atlantic Union Bankshares Corp acquired a new stake in shares of iShares U.S. Aerospace & Defense ETF during the second quarter worth $31,000. Total Investment Management Inc. purchased a new stake in shares of iShares U.S. Aerospace & Defense ETF during the second quarter valued at $35,000. Finally, Rialto Wealth Management LLC increased its position in shares of iShares U.S. Aerospace & Defense ETF by 265.4% in the 2nd quarter. Rialto Wealth Management LLC now owns 190 shares of the company’s stock valued at $36,000 after acquiring an additional 138 shares during the period.

iShares U.S. Aerospace & Defense ETF Price Performance

Shares of ITA stock opened at $232.87 on Friday. The business has a fifty day moving average of $210.50 and a 200 day moving average of $203.59. iShares U.S. Aerospace & Defense ETF has a 1 year low of $129.14 and a 1 year high of $198.47. The firm has a market capitalization of $10.25 billion, a price-to-earnings ratio of 34.35 and a beta of 0.87.

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.