D.A. Davidson & CO. Has $3.74 Million Position in iShares U.S. Aerospace & Defense ETF $ITA

D.A. Davidson & CO. raised its holdings in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 103.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 17,411 shares of the company’s stock after buying an additional 8,865 shares during the quarter. D.A. Davidson & CO.’s holdings in iShares U.S. Aerospace & Defense ETF were worth $3,738,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of ITA. Physician Wealth Advisors Inc. lifted its holdings in shares of iShares U.S. Aerospace & Defense ETF by 395.8% during the fourth quarter. Physician Wealth Advisors Inc. now owns 119 shares of the company’s stock worth $26,000 after buying an additional 95 shares during the last quarter. Financial Consulate Inc. acquired a new position in shares of iShares U.S. Aerospace & Defense ETF during the third quarter worth approximately $28,000. Aventura Private Wealth LLC acquired a new position in shares of iShares U.S. Aerospace & Defense ETF during the fourth quarter worth approximately $28,000. Optima Capital LLC acquired a new position in shares of iShares U.S. Aerospace & Defense ETF during the fourth quarter worth approximately $28,000. Finally, GHP Investment Advisors Inc. acquired a new position in shares of iShares U.S. Aerospace & Defense ETF during the fourth quarter worth approximately $30,000.

iShares U.S. Aerospace & Defense ETF Stock Up 2.5%

Shares of ITA stock opened at $218.56 on Friday. iShares U.S. Aerospace & Defense ETF has a 12 month low of $156.95 and a 12 month high of $250.65. The firm has a market cap of $9.62 billion, a PE ratio of 34.35 and a beta of 0.87. The stock has a 50 day moving average of $229.84 and a 200-day moving average of $222.53.

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.