Sovran Advisors LLC Grows Position in iShares U.S. Aerospace & Defense ETF $ITA

Sovran Advisors LLC lifted its position in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 181.8% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 14,548 shares of the company’s stock after purchasing an additional 9,386 shares during the quarter. Sovran Advisors LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $3,132,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the business. Patron Partners LLC purchased a new position in shares of iShares U.S. Aerospace & Defense ETF in the 3rd quarter valued at $322,000. WealthShield Partners LLC increased its holdings in iShares U.S. Aerospace & Defense ETF by 25,600.0% in the 3rd quarter. WealthShield Partners LLC now owns 13,878 shares of the company’s stock valued at $2,904,000 after purchasing an additional 13,824 shares in the last quarter. Liberty Wealth Management LLC purchased a new position in iShares U.S. Aerospace & Defense ETF in the third quarter valued at about $270,000. Patten & Patten Inc. TN raised its position in iShares U.S. Aerospace & Defense ETF by 53.8% in the third quarter. Patten & Patten Inc. TN now owns 16,469 shares of the company’s stock valued at $3,446,000 after purchasing an additional 5,764 shares during the period. Finally, Winebrenner Capital Management LLC lifted its stake in shares of iShares U.S. Aerospace & Defense ETF by 4.7% during the third quarter. Winebrenner Capital Management LLC now owns 2,082 shares of the company’s stock worth $436,000 after purchasing an additional 93 shares in the last quarter.

iShares U.S. Aerospace & Defense ETF Stock Performance

ITA stock opened at $235.04 on Monday. The firm has a market cap of $10.34 billion, a P/E ratio of 34.35 and a beta of 0.87. iShares U.S. Aerospace & Defense ETF has a 1 year low of $129.14 and a 1 year high of $198.47. The stock has a 50-day simple moving average of $216.43 and a 200-day simple moving average of $207.59.

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.