Envestnet Portfolio Solutions Inc. Grows Position in iShares U.S. Aerospace & Defense ETF $ITA

Envestnet Portfolio Solutions Inc. lifted its holdings in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 4.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 419,163 shares of the company’s stock after buying an additional 16,858 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in iShares U.S. Aerospace & Defense ETF were worth $89,990,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of ITA. Envestnet Asset Management Inc. lifted its stake in iShares U.S. Aerospace & Defense ETF by 1,674.1% in the 3rd quarter. Envestnet Asset Management Inc. now owns 4,780,198 shares of the company’s stock worth $1,000,304,000 after purchasing an additional 4,510,762 shares in the last quarter. BNP Paribas Financial Markets increased its holdings in shares of iShares U.S. Aerospace & Defense ETF by 49.7% in the third quarter. BNP Paribas Financial Markets now owns 912,502 shares of the company’s stock valued at $190,950,000 after purchasing an additional 302,774 shares during the last quarter. Ameriprise Financial Inc. lifted its position in iShares U.S. Aerospace & Defense ETF by 12.9% during the third quarter. Ameriprise Financial Inc. now owns 877,965 shares of the company’s stock worth $183,684,000 after buying an additional 100,299 shares in the last quarter. UBS Group AG lifted its position in iShares U.S. Aerospace & Defense ETF by 20.1% during the third quarter. UBS Group AG now owns 728,077 shares of the company’s stock worth $152,357,000 after buying an additional 121,945 shares in the last quarter. Finally, Raymond James Financial Inc. boosted its stake in iShares U.S. Aerospace & Defense ETF by 16.2% during the second quarter. Raymond James Financial Inc. now owns 523,826 shares of the company’s stock worth $98,814,000 after buying an additional 73,117 shares during the last quarter.

iShares U.S. Aerospace & Defense ETF Stock Up 1.4%

Shares of BATS:ITA opened at $220.23 on Tuesday. iShares U.S. Aerospace & Defense ETF has a 52-week low of $168.44 and a 52-week high of $250.65. The stock has a market cap of $9.69 billion, a P/E ratio of 34.35 and a beta of 0.87. The business has a fifty day moving average of $225.55 and a two-hundred day moving average of $223.42.

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). 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.