Hsbc Holdings PLC Purchases Shares of 21,261 iShares U.S. Aerospace & Defense ETF $ITA

Hsbc Holdings PLC acquired a new position in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 21,261 shares of the company’s stock, valued at approximately $4,622,000.

Other large investors also recently made changes to their positions in the company. Assetmark Inc. grew its position in shares of iShares U.S. Aerospace & Defense ETF by 314.8% during the 4th quarter. Assetmark Inc. now owns 15,010 shares of the company’s stock valued at $3,222,000 after acquiring an additional 11,391 shares during the period. Stone House Investment Management LLC increased its stake in shares of iShares U.S. Aerospace & Defense ETF by 11.7% during the 4th quarter. Stone House Investment Management LLC now owns 28,174 shares of the company’s stock worth $6,049,000 after purchasing an additional 2,950 shares during the last quarter. Clearwave Capital LLC bought a new stake in shares of iShares U.S. Aerospace & Defense ETF in the 4th quarter worth approximately $906,000. Clear Creek Financial Management LLC raised its holdings in shares of iShares U.S. Aerospace & Defense ETF by 52.7% in the 4th quarter. Clear Creek Financial Management LLC now owns 8,576 shares of the company’s stock worth $1,841,000 after purchasing an additional 2,959 shares during the period. Finally, Polaris Investment Advisors LLC bought a new stake in shares of iShares U.S. Aerospace & Defense ETF in the 4th quarter worth approximately $1,739,000.

iShares U.S. Aerospace & Defense ETF Price Performance

Shares of BATS ITA opened at $240.14 on Friday. iShares U.S. Aerospace & Defense ETF has a one year low of $191.19 and a one year high of $251.49. The business’s fifty day moving average price is $234.31 and its 200-day moving average price is $232.11. The stock has a market capitalization of $10.57 billion, a PE ratio of 34.35 and a beta of 0.87.

iShares U.S. Aerospace & Defense ETF Company 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.