XY Planning Network Inc. purchased a new stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA – Free Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 6,565 shares of the company’s stock, valued at approximately $1,591,000.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in ITA. LPL Financial LLC raised its holdings in iShares U.S. Aerospace & Defense ETF by 11.5% during the fourth quarter. LPL Financial LLC now owns 3,152,397 shares of the company’s stock worth $676,788,000 after acquiring an additional 325,026 shares in the last quarter. Bank of America Corp DE grew its stake in iShares U.S. Aerospace & Defense ETF by 3.6% in the first quarter. Bank of America Corp DE now owns 2,997,974 shares of the company’s stock valued at $655,807,000 after purchasing an additional 104,802 shares in the last quarter. Morgan Stanley increased its position in shares of iShares U.S. Aerospace & Defense ETF by 6.1% during the 4th quarter. Morgan Stanley now owns 2,993,497 shares of the company’s stock worth $642,674,000 after purchasing an additional 171,385 shares during the last quarter. Wells Fargo & Company MN increased its position in shares of iShares U.S. Aerospace & Defense ETF by 13.2% during the 4th quarter. Wells Fargo & Company MN now owns 1,270,586 shares of the company’s stock worth $272,782,000 after purchasing an additional 148,199 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its stake in shares of iShares U.S. Aerospace & Defense ETF by 12.9% during the 3rd quarter. Ameriprise Financial Inc. now owns 877,965 shares of the company’s stock worth $183,684,000 after purchasing an additional 100,299 shares in the last quarter.
iShares U.S. Aerospace & Defense ETF Trading Down 0.9%
BATS ITA opened at $223.53 on Wednesday. The firm has a market capitalization of $9.84 billion, a P/E ratio of 34.35 and a beta of 0.87. The firm’s fifty day moving average price is $239.50 and its two-hundred day moving average price is $233.37. iShares U.S. Aerospace & Defense ETF has a 1 year low of $194.63 and a 1 year high of $256.60.
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.
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