Ibex Wealth Advisors Buys Shares of 4,992 iShares U.S. Aerospace & Defense ETF $ITA

Ibex Wealth Advisors bought a new position in iShares U.S. Aerospace & Defense ETF (BATS:ITA) in the 1st quarter, according to its most recent filing with the SEC. The institutional investor bought 4,992 shares of the company’s stock, valued at approximately $1,092,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in ITA. LPL Financial LLC increased its stake in shares of iShares U.S. Aerospace & Defense ETF by 11.5% during the fourth quarter. LPL Financial LLC now owns 3,152,397 shares of the company’s stock valued at $676,788,000 after buying an additional 325,026 shares during the period. Morgan Stanley lifted its stake in iShares U.S. Aerospace & Defense ETF by 6.1% in the fourth quarter. Morgan Stanley now owns 2,993,497 shares of the company’s stock worth $642,674,000 after acquiring an additional 171,385 shares during the period. Wells Fargo & Company MN grew its holdings in iShares U.S. Aerospace & Defense ETF by 13.2% during the 4th quarter. Wells Fargo & Company MN now owns 1,270,586 shares of the company’s stock worth $272,782,000 after acquiring an additional 148,199 shares in the last quarter. BNP Paribas Financial Markets increased its position in iShares U.S. Aerospace & Defense ETF by 49.7% during the 3rd quarter. BNP Paribas Financial Markets now owns 912,502 shares of the company’s stock valued at $190,950,000 after purchasing an additional 302,774 shares during the period. Finally, Ameriprise Financial Inc. increased its position in iShares U.S. Aerospace & Defense ETF by 12.9% during the 3rd quarter. Ameriprise Financial Inc. now owns 877,965 shares of the company’s stock valued at $183,684,000 after purchasing an additional 100,299 shares during the period.

iShares U.S. Aerospace & Defense ETF Stock Performance

BATS:ITA opened at $239.62 on Friday. The firm has a 50-day simple moving average of $231.50 and a 200-day simple moving average of $230.97. iShares U.S. Aerospace & Defense ETF has a one year low of $186.60 and a one year high of $251.49. The firm has a market cap of $10.54 billion, a P/E 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.