XML Financial LLC Purchases New Position in iShares U.S. Aerospace & Defense ETF $ITA

XML Financial LLC purchased a new stake in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 2,584 shares of the company’s stock, valued at approximately $535,000.

A number of other hedge funds also recently added to or reduced their stakes in ITA. Bogart Wealth LLC lifted its position in iShares U.S. Aerospace & Defense ETF by 447.6% in the 1st quarter. Bogart Wealth LLC now owns 115 shares of the company’s stock valued at $25,000 after acquiring an additional 94 shares in the last quarter. Continuum Advisory LLC purchased a new stake in iShares U.S. Aerospace & Defense ETF during the 2nd quarter valued at $26,000. Root Financial Partners LLC bought a new stake in shares of iShares U.S. Aerospace & Defense ETF in the 3rd quarter worth $27,000. Clearstead Trust LLC bought a new stake in shares of iShares U.S. Aerospace & Defense ETF in the 1st quarter worth $28,000. Finally, Physician Wealth Advisors Inc. increased its holdings in shares of iShares U.S. Aerospace & Defense ETF by 59.2% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 191 shares of the company’s stock worth $40,000 after purchasing an additional 71 shares in the last quarter.

iShares U.S. Aerospace & Defense ETF Price Performance

ITA stock opened at $216.17 on Wednesday. iShares U.S. Aerospace & Defense ETF has a 1-year low of $195.71 and a 1-year high of $256.60. The business has a fifty day moving average price of $213.92 and a 200-day moving average price of $228.93. The stock has a market capitalization of $9.51 billion, a P/E ratio of 34.35 and a beta of 0.87.

iShares U.S. Aerospace & Defense ETF shares are going to split on Thursday, November 5th. The 3-1 split was recently announced. The newly minted shares will be distributed to shareholders after the market closes on Wednesday, November 4th.

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.