PAX Financial Group LLC Acquires New Holdings in iShares U.S. Aerospace & Defense ETF $ITA

PAX Financial Group LLC bought a new position in shares of iShares U.S. Aerospace & Defense ETF (BATS:ITA) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 20,457 shares of the company’s stock, valued at approximately $4,281,000.

Several other institutional investors and hedge funds also recently modified their holdings of ITA. N.E.W. Advisory Services LLC increased its stake in shares of iShares U.S. Aerospace & Defense ETF by 37.4% during the 3rd quarter. N.E.W. Advisory Services LLC now owns 169 shares of the company’s stock worth $35,000 after purchasing an additional 46 shares in the last quarter. Gerber Kawasaki Wealth & Investment Management grew its holdings in iShares U.S. Aerospace & Defense ETF by 0.3% during the 2nd quarter. Gerber Kawasaki Wealth & Investment Management now owns 16,898 shares of the company’s stock valued at $3,188,000 after buying an additional 51 shares during the last quarter. Lee Johnson Capital Management LLC grew its holdings in iShares U.S. Aerospace & Defense ETF by 0.6% during the 3rd quarter. Lee Johnson Capital Management LLC now owns 9,073 shares of the company’s stock valued at $1,899,000 after buying an additional 52 shares during the last quarter. Allen Capital Group LLC increased its position in iShares U.S. Aerospace & Defense ETF by 0.9% during the third quarter. Allen Capital Group LLC now owns 5,753 shares of the company’s stock worth $1,204,000 after buying an additional 53 shares in the last quarter. Finally, GPS Wealth Strategies Group LLC raised its holdings in shares of iShares U.S. Aerospace & Defense ETF by 4.7% in the second quarter. GPS Wealth Strategies Group LLC now owns 1,222 shares of the company’s stock worth $231,000 after acquiring an additional 55 shares during the last quarter.

iShares U.S. Aerospace & Defense ETF Stock Up 56.8%

Shares of BATS:ITA opened at $232.24 on Friday. The company has a market capitalization of $10.22 billion, a P/E ratio of 34.35 and a beta of 0.87. iShares U.S. Aerospace & Defense ETF has a 52-week low of $129.14 and a 52-week high of $198.47. The stock’s fifty day simple moving average is $219.67 and its 200-day simple moving average is $208.96.

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.