158,190 Shares in iShares U.S. Aerospace & Defense ETF $ITA Bought by JB Capital LLC

JB Capital LLC bought a new stake in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) in the 3rd quarter, HoldingsChannel reports. The institutional investor bought 158,190 shares of the company’s stock, valued at approximately $33,103,000. iShares U.S. Aerospace & Defense ETF accounts for about 1.4% of JB Capital LLC’s holdings, making the stock its 16th biggest position.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Merit Financial Group LLC lifted its stake in shares of iShares U.S. Aerospace & Defense ETF by 49.5% in the third quarter. Merit Financial Group LLC now owns 44,397 shares of the company’s stock valued at $9,291,000 after buying an additional 14,704 shares during the period. Moody Lynn & Lieberson LLC lifted its position in shares of iShares U.S. Aerospace & Defense ETF by 44.4% in the 3rd quarter. Moody Lynn & Lieberson LLC now owns 23,827 shares of the company’s stock worth $4,986,000 after acquiring an additional 7,330 shares during the period. Lee Johnson Capital Management LLC grew its holdings in shares of iShares U.S. Aerospace & Defense ETF by 0.6% during the 3rd quarter. Lee Johnson Capital Management LLC now owns 9,073 shares of the company’s stock worth $1,899,000 after purchasing an additional 52 shares in the last quarter. Brendel Financial Advisors LLC bought a new stake in shares of iShares U.S. Aerospace & Defense ETF during the third quarter valued at approximately $1,028,000. Finally, Sax Wealth Advisors LLC acquired a new position in shares of iShares U.S. Aerospace & Defense ETF in the third quarter valued at $215,000.

iShares U.S. Aerospace & Defense ETF Price Performance

ITA opened at $216.24 on Wednesday. The company has a market capitalization of $9.51 billion, a P/E ratio of 34.35 and a beta of 0.87. The firm’s fifty day moving average price is $209.16 and its two-hundred day moving average price is $201.43. iShares U.S. Aerospace & Defense ETF has a fifty-two week low of $129.14 and a fifty-two week high of $198.47.

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.