Union Square Park Capital Management LLC Purchases New Shares in iShares U.S. Aerospace & Defense ETF $ITA

Union Square Park Capital Management LLC acquired a new stake in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) during the first quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 10,000 shares of the company’s stock, valued at approximately $2,188,000. iShares U.S. Aerospace & Defense ETF accounts for about 1.2% of Union Square Park Capital Management LLC’s investment portfolio, making the stock its 15th biggest holding.

Other institutional investors have also added to or reduced their stakes in the company. Bogart Wealth LLC increased its position in shares of iShares U.S. Aerospace & Defense ETF by 447.6% during the first quarter. Bogart Wealth LLC now owns 115 shares of the company’s stock valued at $25,000 after buying an additional 94 shares during the period. Physician Wealth Advisors Inc. lifted its holdings in iShares U.S. Aerospace & Defense ETF by 395.8% in the fourth quarter. Physician Wealth Advisors Inc. now owns 119 shares of the company’s stock worth $26,000 after buying an additional 95 shares during the period. Optima Capital LLC purchased a new stake in iShares U.S. Aerospace & Defense ETF in the fourth quarter worth about $28,000. Clearstead Trust LLC bought a new stake in iShares U.S. Aerospace & Defense ETF during the 1st quarter valued at approximately $28,000. Finally, GHP Investment Advisors Inc. bought a new stake in iShares U.S. Aerospace & Defense ETF during the 4th quarter valued at approximately $30,000.

iShares U.S. Aerospace & Defense ETF Stock Performance

ITA stock opened at $240.14 on Friday. iShares U.S. Aerospace & Defense ETF has a fifty-two week low of $191.19 and a fifty-two week high of $251.49. The company has a market capitalization of $10.57 billion, a price-to-earnings ratio of 34.35 and a beta of 0.87. The business’s 50 day moving average price is $234.31 and its two-hundred day moving average price is $232.11.

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.