Northwestern Mutual Wealth Management Co. Purchases 236,672 Shares of iShares U.S. Aerospace & Defense ETF $ITA

Northwestern Mutual Wealth Management Co. increased its position in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 121.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 431,348 shares of the company’s stock after purchasing an additional 236,672 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in iShares U.S. Aerospace & Defense ETF were worth $92,606,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. AQR Capital Management LLC purchased a new position in shares of iShares U.S. Aerospace & Defense ETF in the first quarter valued at about $460,000. Goldman Sachs Group Inc. raised its stake in iShares U.S. Aerospace & Defense ETF by 55.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 424,645 shares of the company’s stock valued at $65,013,000 after purchasing an additional 151,757 shares during the period. Russell Investments Group Ltd. lifted its holdings in iShares U.S. Aerospace & Defense ETF by 298.7% in the 2nd quarter. Russell Investments Group Ltd. now owns 626 shares of the company’s stock worth $118,000 after purchasing an additional 469 shares in the last quarter. Quantbot Technologies LP purchased a new position in iShares U.S. Aerospace & Defense ETF in the 2nd quarter worth approximately $359,000. Finally, Cerity Partners LLC boosted its stake in iShares U.S. Aerospace & Defense ETF by 7.3% in the 2nd quarter. Cerity Partners LLC now owns 24,844 shares of the company’s stock worth $4,687,000 after purchasing an additional 1,688 shares during the period.

iShares U.S. Aerospace & Defense ETF Price Performance

iShares U.S. Aerospace & Defense ETF stock opened at $235.44 on Friday. The stock has a market cap of $10.36 billion, a P/E ratio of 34.35 and a beta of 0.87. The firm’s 50 day moving average price is $224.07 and its 200-day moving average price is $224.28. iShares U.S. Aerospace & Defense ETF has a 1 year low of $174.74 and a 1 year high of $250.65.

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.