Fifth Third Bancorp Has $1.40 Million Position in iShares U.S. Aerospace & Defense ETF $ITA

Fifth Third Bancorp raised its stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 5,402.6% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 6,383 shares of the company’s stock after purchasing an additional 6,267 shares during the period. Fifth Third Bancorp’s holdings in iShares U.S. Aerospace & Defense ETF were worth $1,396,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of ITA. Bogart Wealth LLC lifted its position in iShares U.S. Aerospace & Defense ETF by 447.6% during the first quarter. Bogart Wealth LLC now owns 115 shares of the company’s stock worth $25,000 after acquiring an additional 94 shares during the last quarter. Physician Wealth Advisors Inc. grew its position in shares of iShares U.S. Aerospace & Defense ETF by 395.8% in the fourth quarter. Physician Wealth Advisors Inc. now owns 119 shares of the company’s stock valued at $26,000 after purchasing an additional 95 shares during the last quarter. Optima Capital LLC acquired a new position in shares of iShares U.S. Aerospace & Defense ETF in the fourth quarter valued at approximately $28,000. GHP Investment Advisors Inc. bought a new position in shares of iShares U.S. Aerospace & Defense ETF during the fourth quarter worth approximately $30,000. Finally, Wolff Wiese Magana LLC increased its stake in shares of iShares U.S. Aerospace & Defense ETF by 302.6% during the fourth quarter. Wolff Wiese Magana LLC now owns 157 shares of the company’s stock worth $34,000 after purchasing an additional 118 shares during the period.

iShares U.S. Aerospace & Defense ETF Stock Performance

ITA opened at $240.14 on Friday. The stock has a fifty day moving average of $234.31 and a 200-day moving average of $232.11. The company has a market capitalization of $10.57 billion, a P/E ratio of 34.35 and a beta of 0.87. iShares U.S. Aerospace & Defense ETF has a fifty-two week low of $191.19 and a fifty-two week high of $251.49.

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.