Ehrenkranz Partners L.P. Invests $2.21 Million in iShares U.S. Aerospace & Defense ETF $ITA

Ehrenkranz Partners L.P. bought a new position in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 9,100 shares of the company’s stock, valued at approximately $2,206,000. iShares U.S. Aerospace & Defense ETF accounts for about 1.3% of Ehrenkranz Partners L.P.’s holdings, making the stock its 11th largest holding.

A number of other institutional investors also recently added to or reduced their stakes in the company. Bogart Wealth LLC lifted its position in shares of iShares U.S. Aerospace & Defense ETF by 447.6% during the 1st quarter. Bogart Wealth LLC now owns 115 shares of the company’s stock worth $25,000 after purchasing an additional 94 shares during the last quarter. Continuum Advisory LLC purchased a new position in iShares U.S. Aerospace & Defense ETF in the second quarter valued at $26,000. Clearstead Trust LLC purchased a new position in iShares U.S. Aerospace & Defense ETF in the first quarter valued at $28,000. SHP Wealth Management acquired a new position in shares of iShares U.S. Aerospace & Defense ETF during the 4th quarter worth about $35,000. Finally, Ameriflex Group Inc. increased its holdings in shares of iShares U.S. Aerospace & Defense ETF by 59.8% in the 4th quarter. Ameriflex Group Inc. now owns 179 shares of the company’s stock valued at $38,000 after acquiring an additional 67 shares during the last quarter.

iShares U.S. Aerospace & Defense ETF Stock Performance

Shares of BATS ITA opened at $223.53 on Wednesday. The stock’s 50-day simple moving average is $239.50 and its 200-day simple moving average is $233.37. The firm has a market capitalization of $9.84 billion, a PE ratio of 34.35 and a beta of 0.87. iShares U.S. Aerospace & Defense ETF has a fifty-two week low of $194.63 and a fifty-two week high of $256.60.

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.