Parallel Advisors LLC Purchases 2,708 Shares of iShares U.S. Aerospace & Defense ETF $ITA

Parallel Advisors LLC boosted its position in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 28.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,268 shares of the company’s stock after acquiring an additional 2,708 shares during the period. Parallel Advisors LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $2,684,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. LPL Financial LLC lifted its position in shares of iShares U.S. Aerospace & Defense ETF by 11.5% during the 4th quarter. LPL Financial LLC now owns 3,152,397 shares of the company’s stock worth $676,788,000 after purchasing an additional 325,026 shares during the last quarter. Morgan Stanley grew its holdings in iShares U.S. Aerospace & Defense ETF by 6.1% in the 4th quarter. Morgan Stanley now owns 2,993,497 shares of the company’s stock valued at $642,674,000 after buying an additional 171,385 shares during the last quarter. Wells Fargo & Company MN grew its holdings in iShares U.S. Aerospace & Defense ETF by 13.2% in the 4th quarter. Wells Fargo & Company MN now owns 1,270,586 shares of the company’s stock valued at $272,782,000 after buying an additional 148,199 shares during the last quarter. Ameriprise Financial Inc. grew its holdings in iShares U.S. Aerospace & Defense ETF by 12.9% in the 3rd quarter. Ameriprise Financial Inc. now owns 877,965 shares of the company’s stock valued at $183,684,000 after buying an additional 100,299 shares during the last quarter. Finally, UBS Group AG increased its position in iShares U.S. Aerospace & Defense ETF by 20.1% in the 3rd 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 during the period.

iShares U.S. Aerospace & Defense ETF Stock Up 0.2%

Shares of ITA stock opened at $229.74 on Wednesday. iShares U.S. Aerospace & Defense ETF has a 12 month low of $190.16 and a 12 month high of $251.49. The firm has a market cap of $10.11 billion, a PE ratio of 34.35 and a beta of 0.87. The stock has a 50 day moving average of $233.47 and a 200-day moving average of $231.82.

iShares U.S. Aerospace & Defense ETF Company 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.