LPL Financial LLC lifted its stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA – Free Report) by 11.5% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,152,397 shares of the company’s stock after purchasing an additional 325,026 shares during the quarter. LPL Financial LLC owned 7.16% of iShares U.S. Aerospace & Defense ETF worth $676,788,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds have also made changes to their positions in the stock. O Shaughnessy Asset Management LLC lifted its position in shares of iShares U.S. Aerospace & Defense ETF by 16.5% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 4,825 shares of the company’s stock worth $1,036,000 after purchasing an additional 683 shares in the last quarter. Manchester Capital Management LLC lifted its position in shares of iShares U.S. Aerospace & Defense ETF by 66.7% in the fourth quarter. Manchester Capital Management LLC now owns 500 shares of the company’s stock worth $107,000 after purchasing an additional 200 shares in the last quarter. JPMorgan Chase & Co. lifted 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 worth $146,680,000 after purchasing an additional 187,900 shares in the last quarter. Endeavor Private Wealth Inc. raised its position in iShares U.S. Aerospace & Defense ETF by 533.6% during the fourth quarter. Endeavor Private Wealth Inc. now owns 9,587 shares of the company’s stock valued at $2,058,000 after acquiring an additional 8,074 shares in the last quarter. Finally, MCF Advisors LLC bought a new position in iShares U.S. Aerospace & Defense ETF during the fourth quarter valued at approximately $1,193,000.
iShares U.S. Aerospace & Defense ETF Stock Performance
Shares of ITA opened at $229.45 on Monday. The firm has a market cap of $10.10 billion, a PE ratio of 34.35 and a beta of 0.87. The firm’s 50 day moving average price is $224.52 and its 200 day moving average price is $225.14. iShares U.S. Aerospace & Defense ETF has a twelve month low of $175.60 and a twelve month high of $250.65.
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.
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