Clearwave Capital LLC Purchases New Shares in iShares U.S. Aerospace & Defense ETF $ITA

Clearwave Capital LLC purchased a new position in iShares U.S. Aerospace & Defense ETF (BATS:ITA) in the 4th quarter, HoldingsChannel reports. The fund purchased 4,218 shares of the company’s stock, valued at approximately $906,000.

A number of other institutional investors and hedge funds have also modified their holdings of the business. AQR Capital Management LLC purchased a new stake in iShares U.S. Aerospace & Defense ETF during the first quarter valued at $460,000. Goldman Sachs Group Inc. grew its stake in iShares U.S. Aerospace & Defense ETF by 55.6% during the first quarter. Goldman Sachs Group Inc. now owns 424,645 shares of the company’s stock valued at $65,013,000 after acquiring an additional 151,757 shares in the last quarter. Russell Investments Group Ltd. raised its stake in iShares U.S. Aerospace & Defense ETF by 298.7% during the second quarter. Russell Investments Group Ltd. now owns 626 shares of the company’s stock valued at $118,000 after purchasing an additional 469 shares in the last quarter. Quantbot Technologies LP bought a new position in iShares U.S. Aerospace & Defense ETF during the second quarter valued at $359,000. Finally, Cerity Partners LLC increased its stake in iShares U.S. Aerospace & Defense ETF by 7.3% in the second 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 Stock Performance

ITA opened at $238.99 on Friday. iShares U.S. Aerospace & Defense ETF has a 12-month low of $177.56 and a 12-month high of $250.65. The business’s fifty day simple moving average is $227.24 and its 200-day simple moving average is $227.28. The company has a market capitalization of $10.52 billion, a price-to-earnings ratio of 34.35 and a beta of 0.87.

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.