Founders Financial Securities LLC raised its stake in iShares U.S. Aerospace & Defense ETF (BATS:ITA – Free Report) by 8.5% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 37,626 shares of the company’s stock after purchasing an additional 2,956 shares during the quarter. Founders Financial Securities LLC owned about 0.09% of iShares U.S. Aerospace & Defense ETF worth $7,795,000 at the end of the most recent quarter.
Several other institutional investors also recently made changes to their positions in ITA. Choreo LLC boosted its holdings in iShares U.S. Aerospace & Defense ETF by 6.0% in the third quarter. Choreo LLC now owns 4,558 shares of the company’s stock valued at $944,000 after acquiring an additional 260 shares during the last quarter. D.A. Davidson & CO. grew its position in iShares U.S. Aerospace & Defense ETF by 7.3% during the third quarter. D.A. Davidson & CO. now owns 19,704 shares of the company’s stock valued at $4,082,000 after acquiring an additional 1,335 shares during the period. DecisionPoint Financial LLC purchased a new stake in iShares U.S. Aerospace & Defense ETF during the third quarter valued at about $50,000. Latitude Advisors LLC acquired a new stake in iShares U.S. Aerospace & Defense ETF during the third quarter worth about $45,000. Finally, Balance Wealth Partners LLC acquired a new stake in iShares U.S. Aerospace & Defense ETF during the third quarter worth about $76,000.
iShares U.S. Aerospace & Defense ETF Price Performance
iShares U.S. Aerospace & Defense ETF stock opened at $214.30 on Friday. The company has a market cap of $9.43 billion, a price-to-earnings ratio of 34.35 and a beta of 0.87. iShares U.S. Aerospace & Defense ETF has a 12 month low of $195.71 and a 12 month high of $256.60. The stock’s 50-day moving average is $215.27 and its 200-day moving average is $229.29.
Shares of iShares U.S. Aerospace & Defense ETF are going to split on the morning of Thursday, November 5th. The 3-1 split was recently announced. The newly minted shares will be issued to shareholders after the closing bell on Wednesday, November 4th.
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.
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