Diversify Wealth Management LLC Buys 129,468 Shares of iShares U.S. Aerospace & Defense ETF $ITA

Diversify Wealth Management LLC increased its position in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 1,136.4% during the first quarter, Holdings Channel reports. The institutional investor owned 140,861 shares of the company’s stock after purchasing an additional 129,468 shares during the quarter. Diversify Wealth Management LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $30,023,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. LPL Financial LLC lifted its position in shares of iShares U.S. Aerospace & Defense ETF by 11.5% in the 4th quarter. LPL Financial LLC now owns 3,152,397 shares of the company’s stock worth $676,788,000 after acquiring an additional 325,026 shares during the period. Morgan Stanley increased its position in shares of iShares U.S. Aerospace & Defense ETF by 6.1% during the fourth quarter. Morgan Stanley now owns 2,993,497 shares of the company’s stock valued at $642,674,000 after purchasing an additional 171,385 shares during the period. Wells Fargo & Company MN raised its stake in shares of iShares U.S. Aerospace & Defense ETF by 13.2% in the fourth quarter. Wells Fargo & Company MN now owns 1,270,586 shares of the company’s stock valued at $272,782,000 after purchasing an additional 148,199 shares in the last quarter. Ameriprise Financial Inc. raised its stake in shares of iShares U.S. Aerospace & Defense ETF by 12.9% in the third quarter. Ameriprise Financial Inc. now owns 877,965 shares of the company’s stock valued at $183,684,000 after purchasing an additional 100,299 shares in the last quarter. Finally, UBS Group AG raised its stake in shares of iShares U.S. Aerospace & Defense ETF by 20.1% in the third quarter. UBS Group AG now owns 728,077 shares of the company’s stock valued at $152,357,000 after purchasing an additional 121,945 shares in the last quarter.

iShares U.S. Aerospace & Defense ETF Trading Down 0.2%

ITA stock traded down $0.56 during midday trading on Friday, hitting $239.06. The stock had a trading volume of 496,209 shares, compared to its average volume of 1,059,541. iShares U.S. Aerospace & Defense ETF has a 52 week low of $188.38 and a 52 week high of $251.49. The stock has a 50-day simple moving average of $232.02 and a 200 day simple moving average of $231.02. The firm has a market capitalization of $10.52 billion, a price-to-earnings ratio of 34.35 and a beta of 0.87.

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.