Parallel Advisors LLC Acquires 2,708 Shares of iShares U.S. Aerospace & Defense ETF $ITA

Parallel Advisors LLC increased its holdings in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) by 28.3% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 12,268 shares of the company’s stock after acquiring an additional 2,708 shares during the period. Parallel Advisors LLC’s holdings in iShares U.S. Aerospace & Defense ETF were worth $2,684,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in ITA. Bogart Wealth LLC boosted its holdings in 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 purchasing an additional 94 shares in the last quarter. Physician Wealth Advisors Inc. raised its holdings in shares of iShares U.S. Aerospace & Defense ETF by 395.8% in the 4th quarter. Physician Wealth Advisors Inc. now owns 119 shares of the company’s stock worth $26,000 after buying an additional 95 shares in the last quarter. Optima Capital LLC acquired a new position in shares of iShares U.S. Aerospace & Defense ETF in the 4th quarter worth approximately $28,000. Clearstead Trust LLC bought a new position in shares of iShares U.S. Aerospace & Defense ETF during the 1st quarter worth approximately $28,000. Finally, GHP Investment Advisors Inc. bought a new position in shares of iShares U.S. Aerospace & Defense ETF during the 4th quarter worth approximately $30,000.

iShares U.S. Aerospace & Defense ETF Price Performance

Shares of ITA stock opened at $249.99 on Friday. The stock’s fifty day simple moving average is $237.73 and its 200 day simple moving average is $232.76. iShares U.S. Aerospace & Defense ETF has a one year low of $191.82 and a one year high of $256.60. The firm has a market cap of $11.00 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.