8,650 Shares in iShares U.S. Aerospace & Defense ETF $ITA Acquired by Birmingham Capital Management Co. Inc. AL

Birmingham Capital Management Co. Inc. AL purchased a new position in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 8,650 shares of the company’s stock, valued at approximately $2,097,000.

Other institutional investors also recently made changes to their positions in the company. BNP Paribas Financial Markets increased its position in iShares U.S. Aerospace & Defense ETF by 283.3% during the 2nd quarter. BNP Paribas Financial Markets now owns 609,728 shares of the company’s stock worth $115,019,000 after purchasing an additional 450,652 shares in the last quarter. LPL Financial LLC boosted its stake in shares of iShares U.S. Aerospace & Defense ETF by 11.5% during the 4th quarter. LPL Financial LLC now owns 3,152,397 shares of the company’s stock worth $676,788,000 after purchasing an additional 325,026 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of iShares U.S. Aerospace & Defense ETF by 161.2% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 508,416 shares of the company’s stock worth $109,152,000 after buying an additional 313,740 shares in the last quarter. Dynasty Wealth Management LLC purchased a new stake in shares of iShares U.S. Aerospace & Defense ETF during the fourth quarter worth about $47,721,000. Finally, JPMorgan Chase & Co. raised its position in shares of iShares U.S. Aerospace & Defense ETF by 37.9% in the fourth quarter. JPMorgan Chase & Co. now owns 683,215 shares of the company’s stock valued at $146,680,000 after buying an additional 187,900 shares during the last quarter.

iShares U.S. Aerospace & Defense ETF Stock Performance

Shares of ITA opened at $236.38 on Thursday. The company has a market capitalization of $10.40 billion, a price-to-earnings ratio of 34.35 and a beta of 0.87. The company’s 50 day simple moving average is $241.43 and its 200 day simple moving average is $233.85. iShares U.S. Aerospace & Defense ETF has a 1 year low of $194.59 and a 1 year high of $256.60.

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.