iShares U.S. Aerospace & Defense ETF Stock Set to Split on Thursday, November 5th (BATS:ITA)

iShares U.S. Aerospace & Defense ETF (BATS:ITA) shares are going to split on Thursday, November 5th. The 3-1 split was recently announced. The newly issued shares will be distributed to shareholders after the closing bell on Wednesday, November 4th.

iShares U.S. Aerospace & Defense ETF Stock Performance

Shares of BATS:ITA opened at $209.74 on Friday. iShares U.S. Aerospace & Defense ETF has a 52 week low of $195.71 and a 52 week high of $256.60. The firm has a market cap of $9.23 billion, a PE ratio of 34.35 and a beta of 0.87. The firm’s fifty day moving average is $214.71 and its 200-day moving average is $229.16.

Institutional Investors Weigh In On iShares U.S. Aerospace & Defense ETF

Institutional investors have recently made changes to their positions in the stock. Provenance Wealth Advisors LLC raised its holdings in shares of iShares U.S. Aerospace & Defense ETF by 63.1% in the third quarter. Provenance Wealth Advisors LLC now owns 3,770 shares of the company’s stock valued at $781,000 after purchasing an additional 1,459 shares during the last quarter. Integrity Advisory Solutions LLC bought a new position in shares of iShares U.S. Aerospace & Defense ETF during the third quarter valued at about $204,000. Gerber Kawasaki Wealth & Investment Management boosted its holdings in iShares U.S. Aerospace & Defense ETF by 0.9% during the third quarter. Gerber Kawasaki Wealth & Investment Management now owns 14,376 shares of the company’s stock worth $2,979,000 after purchasing an additional 135 shares during the last quarter. Next Level Wealth Planning LLC purchased a new position in iShares U.S. Aerospace & Defense ETF during the third quarter worth about $89,000. Finally, Blue Bell Private Wealth Management LLC boosted its holdings in iShares U.S. Aerospace & Defense ETF by 162.6% during the third quarter. Blue Bell Private Wealth Management LLC now owns 323 shares of the company’s stock worth $67,000 after purchasing an additional 200 shares during the last quarter.

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.