Private Advisor Group LLC Purchases 8,648 Shares of iShares U.S. Aerospace & Defense ETF $ITA

Private Advisor Group LLC lifted its position in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 18.9% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 54,418 shares of the company’s stock after buying an additional 8,648 shares during the period. Private Advisor Group LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $11,387,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the company. Financial Consulate Inc. purchased a new stake in iShares U.S. Aerospace & Defense ETF in the third quarter worth approximately $28,000. SRH Advisors LLC bought a new position in iShares U.S. Aerospace & Defense ETF during the third quarter valued at approximately $30,000. Atlantic Union Bankshares Corp purchased a new position in shares of iShares U.S. Aerospace & Defense ETF during the second quarter worth approximately $31,000. Total Investment Management Inc. purchased a new position in shares of iShares U.S. Aerospace & Defense ETF during the second quarter worth approximately $35,000. Finally, N.E.W. Advisory Services LLC lifted its holdings in shares of iShares U.S. Aerospace & Defense ETF by 37.4% in the 3rd quarter. N.E.W. Advisory Services LLC now owns 169 shares of the company’s stock worth $35,000 after acquiring an additional 46 shares during the last quarter.

iShares U.S. Aerospace & Defense ETF Stock Performance

Shares of iShares U.S. Aerospace & Defense ETF stock opened at $239.72 on Wednesday. iShares U.S. Aerospace & Defense ETF has a 52-week low of $129.14 and a 52-week high of $250.65. The stock has a market capitalization of $10.55 billion, a price-to-earnings ratio of 34.35 and a beta of 0.87. The company has a fifty day moving average of $235.87 and a 200-day moving average of $217.08.

About iShares U.S. Aerospace & Defense ETF

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.