SBI Okasan Asset Management Co.Ltd. Purchases New Position in iShares U.S. Aerospace & Defense ETF $ITA

SBI Okasan Asset Management Co.Ltd. acquired a new stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA) during the 4th quarter, Holdings Channel.com reports. The fund acquired 7,430 shares of the company’s stock, valued at approximately $1,612,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Armstrong Advisory Group Inc. lifted its position in iShares U.S. Aerospace & Defense ETF by 20.2% in the 4th quarter. Armstrong Advisory Group Inc. now owns 280 shares of the company’s stock valued at $60,000 after acquiring an additional 47 shares in the last quarter. Veracity Capital LLC boosted its position in shares of iShares U.S. Aerospace & Defense ETF by 4.2% during the fourth quarter. Veracity Capital LLC now owns 1,155 shares of the company’s stock valued at $248,000 after buying an additional 47 shares during the last quarter. Thoroughbred Financial Services LLC boosted its position in shares of iShares U.S. Aerospace & Defense ETF by 2.4% during the fourth quarter. Thoroughbred Financial Services LLC now owns 2,114 shares of the company’s stock valued at $453,000 after buying an additional 49 shares during the last quarter. JFS Wealth Advisors LLC boosted its position in shares of iShares U.S. Aerospace & Defense ETF by 1.6% during the fourth quarter. JFS Wealth Advisors LLC now owns 3,223 shares of the company’s stock valued at $692,000 after buying an additional 50 shares during the last quarter. Finally, Realta Investment Advisors boosted its position in shares of iShares U.S. Aerospace & Defense ETF by 0.9% during the fourth quarter. Realta Investment Advisors now owns 5,327 shares of the company’s stock valued at $1,144,000 after buying an additional 50 shares during the last quarter.

iShares U.S. Aerospace & Defense ETF Price Performance

iShares U.S. Aerospace & Defense ETF stock opened at $235.57 on Friday. iShares U.S. Aerospace & Defense ETF has a one year low of $174.74 and a one year high of $250.65. The stock has a market capitalization of $10.37 billion, a PE ratio of 34.35 and a beta of 0.87. The business’s fifty day moving average is $223.99 and its 200 day moving average is $224.20.

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.